Godfrey, IL Foreclosures
Current Market Conditions in in Godfrey, IL As of January 2026?
Over the past month, the Godfrey real estate market has experienced a slight uptick in inventory, giving buyers more options as they seek properties. However, despite this increase, the demand remains robust, with homes still selling relatively quickly, often within a few weeks. Prices have stabilized slightly, but overall, the market remains competitive with many homes going under contract promptly.
How much do homes sell for in Godfrey, IL?
The average home price is currently $242,511.
In Godfrey, IL, how many homes are available?
There are currently 114 active home listings available in Godfrey.
What’s the average rental cost in Godfrey, IL?
The average rental price in Godfrey is $1,253.
What is the most expensive home in Godfrey?
The most expensive home sold in Godfrey had a price of $28,582,743.
What is currently the cheapest priced home in Godfrey, IL?
The cheapest home for sale in Godfrey is priced at $12,078.
Living in Godfrey, IL
Godfrey, Illinois, is a serene village known for its strong sense of community and numerous parks. Nestled near Alton, it features a blend of suburban charm and convenient access to city amenities. The area boasts good schools and recreational activities, making it ideal for families.
Buyer vs Seller Market in Godfrey, IL
The real estate market in Godfrey has shown a steady increase in home values over the last year, driven by demand from families and individuals seeking a quieter lifestyle near urban areas. The community's charm and excellent school district have attracted many new residents, contributing to a competitive market.
In the past few months, there has been an increase in the inventory of homes for sale, providing options for buyers. However, the demand remains strong, keeping selling prices high. Many homes are selling quickly, often above the asking price, indicating a seller's market.
Home Value Estimator For Godfrey, IL
There are currently 6,647 real estate properties
in Godfrey, IL,
with a median automated valuation model (AVM) price
of $208,646.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Godfrey, 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 Godfrey, IL,
is $242,511.00, with the most expensive house
in Godfrey, IL, topping out
at $28,582,743.00 and the cheapest home
in Godfrey, IL,
clocking in at $12,078.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Godfrey, IL!
Rent Prices
In Godfrey, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Godfrey, IL, is on
a rollercoaster ride. The
average rent price in Godfrey, IL,
is $1,253.00. Indeed, when looking to rent in
Godfrey, IL, you can expect to pay as little
as $540.00 or as much
as $2,860.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Godfrey, 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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