Glenarm, IL Foreclosures
How much do homes sell for in Glenarm, IL?
The average home price is currently $273,469.
In Glenarm, IL, how many homes are available?
There are currently 715 active home listings available in Glenarm.
What’s the average rental cost in Glenarm, IL?
The average rental price in Glenarm is $1,321.
What is the most expensive home in Glenarm?
The most expensive home sold in Glenarm had a price of $782,598.
What is currently the cheapest priced home in Glenarm, IL?
The cheapest home for sale in Glenarm is priced at $34,599.
Living in Glenarm, IL
Glenarm is a peaceful, rural community situated in Sangamon County, Illinois. It offers a serene environment with a mix of agricultural lands and residential homes. The area is known for its friendly atmosphere and close-knit community, making it an ideal place for families and individuals seeking a slower-paced lifestyle.
Current Market Conditions in Glenarm, IL
Glenarm's real estate market has experienced a steady appreciation over the past few years, driven by the demand for affordable housing options in rural settings. As more people look to escape the urban landscape, Glenarm has become increasingly appealing due to its tranquility and community spirit.
Currently, homes in Glenarm are seeing faster sales with a lower average time on the market as buyer interest continues to grow. The blend of affordable prices and a rural lifestyle has created a competitive marketplace, with many homes receiving multiple offers.
Home Value Estimator For Glenarm, IL
There are currently 337 real estate properties
in Glenarm, IL,
with a median automated valuation model (AVM) price
of $268,141.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Glenarm, 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 Glenarm, IL,
is $273,469.00, with the most expensive house
in Glenarm, IL, topping out
at $782,598.00 and the cheapest home
in Glenarm, IL,
clocking in at $34,599.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Glenarm, IL!
Rent Prices
In Glenarm, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Glenarm, IL, is on
a rollercoaster ride. The
average rent price in Glenarm, IL,
is $1,321.00. Indeed, when looking to rent in
Glenarm, IL, you can expect to pay as little
as $910.00 or as much
as $1,810.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Glenarm, 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.
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