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Bankruptcy Homes in Gilson, IL

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Gilson, IL Foreclosures

Current Market Conditions in in Gilson, IL As of February 2026?
In the past month, the Gilson housing market has experienced a slight uptick in activity as buyers continue to seek homes in smaller communities. The number of listings has increased notably, allowing prospective buyers a broader range of options. Days on market for homes has decreased as interest in the area remains strong, leading to quicker sales. Average sale prices have remained steady, reflecting a balanced market where both buyers and sellers can find satisfaction in their transactions. This month-over-month growth illustrates continuing confidence in the area’s future developments.
How much do homes sell for in Gilson, IL?
The average home price is currently $204,905.
In Gilson, IL, how many homes are available?
There are currently 22 active home listings available in Gilson.
What’s the average rental cost in Gilson, IL?
The average rental price in Gilson is $1,049.
What is the most expensive home in Gilson?
The most expensive home sold in Gilson had a price of $2,119,602.
What is currently the cheapest priced home in Gilson, IL?
The cheapest home for sale in Gilson is priced at $16,162.

Living in Gilson, IL

Gilson is a charming community located in McDonough County, Illinois. Known for its small-town feel, Gilson offers a laid-back lifestyle with convenient access to nearby amenities and outdoor recreation. Residents enjoy a friendly atmosphere, making it an attractive place for families and retirees alike.

Buyer vs Seller Market in Gilson, IL

Currently, the real estate market in Gilson is showing signs of steady growth. As more people seek tranquil and affordable living options outside major urban centers, Gilson has become an increasingly attractive destination. This trend has sparked a slight increase in home values and demand for housing, with particular interest in family homes and plots of land for custom builds.

Real estate transactions in the area have been brisk, contributing to a competitive market environment. Homes are generally selling slightly faster compared to last year, indicating a positive shift for sellers while still allowing opportunities for buyers to find affordable housing. The appreciation in property values suggests that Gilson's charm and accessibility may continue to attract newcomers.

Home Value Estimator For Gilson, IL

There are currently 366 real estate properties in Gilson, IL, with a median automated valuation model (AVM) price of $153,626.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gilson, 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 Gilson, IL, is $204,905.00, with the most expensive house in Gilson, IL, topping out at $2,119,602.00 and the cheapest home in Gilson, IL, clocking in at $16,162.00. In other words, there’s something for every potential homebuyer or savvy investor in Gilson, IL!

Rent Prices In Gilson, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gilson, IL, is on a rollercoaster ride. The average rent price in Gilson, IL, is $1,049.00. Indeed, when looking to rent in Gilson, IL, you can expect to pay as little as $480.00 or as much as $1,780.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Gilson, 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.

Gilson, IL Bankruptcy Homes


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