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Cheap Homes in Glenarm, IL

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Glenarm, IL Foreclosures

How much do homes sell for in Glenarm, IL?
The average home price is currently $270,041.
In Glenarm, IL, how many homes are available?
There are currently 721 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 $768,894.
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, IL is a peaceful small town offering a rural lifestyle with a close-knit community atmosphere. Surrounded by scenic landscapes, it provides easy access to larger cities like Springfield while maintaining local charm. Residents enjoy various outdoor activities and a strong community spirit.

Current Market Conditions in Glenarm, IL

The current real estate market in Glenarm is stable and reflects a slight increase in home values over the last few months. Buyers are attracted to the area for its affordability and community vibe, which has led to moderate competition, particularly for family homes.

With the increasing demand for space and the desire for a quieter lifestyle post-pandemic, Glenarm has seen an influx of buyers from urban areas. This trend contributes to the resilience of the local housing market despite broader economic challenges.

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 $266,401.00. 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 $270,041.00, with the most expensive house in Glenarm, IL, topping out at $768,894.00 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.

Cheap Homes in Glenarm, IL


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