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Rent To Own Homes in Gillespie, IL

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Gillespie, IL Foreclosures

How much do homes sell for in Gillespie, IL?
The average home price is currently $121,408.
In Gillespie, IL, how many homes are available?
There are currently 10 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 $643,875.
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 serene small town characterized by its tight-knit community, historical charm, and access to outdoor activities. It offers family-friendly neighborhoods and convenient amenities that make it a desirable place for all ages.

Current Market Conditions in Gillespie, IL

The real estate market in Gillespie has shown resiliency due to its attractive small-town appeal. With properties priced below the national average, demand has increased slightly over the past several months, particularly among first-time homebuyers looking for affordable options.

Recent trends indicate that homes in Gillespie are selling more quickly than in the past, reflecting a growing desire for homes in rural areas as buyers seek more space and lower costs.

Home Value Estimator For Gillespie, IL

There are currently 1,997 real estate properties in Gillespie, IL, with a median automated valuation model (AVM) price of $103,393.00. 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 $121,408.00, with the most expensive house in Gillespie, IL, topping out at $643,875.00 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.

Gillespie, IL Rent To Own Homes

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