Gillespie, IL Foreclosures
How much do homes sell for in Gillespie, IL?
The average home price is currently $122,776.
In Gillespie, IL, how many homes are available?
There are currently 2 active home listings available in Gillespie.
What’s the average rental cost in Gillespie, IL?
The average rental price in Gillespie is $943.
What is the most expensive home in Gillespie?
The most expensive home sold in Gillespie had a price of $842,056.
What is currently the cheapest priced home in Gillespie, IL?
The cheapest home for sale in Gillespie is priced at $8,392.
Living in Gillespie, IL
Gillespie, IL, is a charming small city in Macoupin County with a tight-knit community and abundant outdoor activities. Known for its wholesome amenities and strong educational institutions, Gillespie offers a peaceful lifestyle while maintaining good access to urban conveniences nearby. Residents enjoy local events that foster community spirit.
Current Market Conditions in Gillespie, IL
The real estate market in Gillespie has seen steady growth over the past few years, driven by the affordability and appeal of the area. Home values have appreciated moderately, making it a great location for first-time buyers looking for value. The community's small-town feel and available amenities contribute to a growing demand for homes in the area, especially among families and retirees.
Currently, there are more listings available in Gillespie compared to last year, providing potential buyers with a broader range of choices. The market remains competitive, but the prices are generally lower than in nearby urban areas, appealing to those looking for more space and quieter surroundings.
Home Value Estimator For Gillespie, IL
There are currently 2,075 real estate properties
in Gillespie, IL,
with a median automated valuation model (AVM) price
of $102,235.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gillespie, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Gillespie, IL,
is $122,776.00, with the most expensive house
in Gillespie, IL, topping out
at $842,056.00 and the cheapest home
in Gillespie, IL,
clocking in at $8,392.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gillespie, IL!
Rent Prices
In Gillespie, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gillespie, IL, is on
a rollercoaster ride. The
average rent price in Gillespie, IL,
is $943.00. Indeed, when looking to rent in
Gillespie, IL, you can expect to pay as little
as $550.00 or as much
as $1,620.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Gillespie, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
