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Foreclosures in Gurnee, IL 60031

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Gurnee, IL Foreclosures

How much do homes sell for in Gurnee, IL?
The average home price is currently $434,743.
In Gurnee, IL, how many homes are available?
There are currently 3 active home listings available in Gurnee.
What’s the average rental cost in Gurnee, IL?
The average rental price in Gurnee is $1,907.
What is the most expensive home in Gurnee?
The most expensive home sold in Gurnee had a price of $67,412,664.
What is currently the cheapest priced home in Gurnee, IL?
The cheapest home for sale in Gurnee is priced at $10,577.

Living in Gurnee, IL

Gurnee, IL, is a vibrant community known for its family-friendly atmosphere and exciting attractions such as Six Flags Great America and Gurnee Mills. The area boasts excellent schools, beautiful parks, and a variety of recreational activities, making it an ideal place for families and outdoor enthusiasts. With its convenient location near major highways, residents enjoy easy access to nearby cities and amenities.

Current Market Conditions in Gurnee, IL

The real estate market in Gurnee has shown consistent stability over the past year, with a healthy level of home sales driven by appreciation rates and demand for suburban living. Prices for homes in Gurnee are competitive, offering a range of options for buyers from starter homes to larger family residences.

Currently, Gurnee's housing market is experiencing a slight increase in inventory compared to last year, which is giving buyers more options. However, the market remains strong with many homes receiving multiple offers due to the high desirability of the area.

Home Value Estimator For Gurnee, IL

There are currently 12,977 real estate properties in Gurnee, IL, with a median automated valuation model (AVM) price of $373,877.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gurnee, 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 Gurnee, IL, is $434,743.00, with the most expensive house in Gurnee, IL, topping out at $67,412,664.00 and the cheapest home in Gurnee, IL, clocking in at $10,577.00. In other words, there’s something for every potential homebuyer or savvy investor in Gurnee, IL!

Rent Prices In Gurnee, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gurnee, IL, is on a rollercoaster ride. The average rent price in Gurnee, IL, is $1,907.00. Indeed, when looking to rent in Gurnee, IL, you can expect to pay as little as $850.00 or as much as $4,380.00, with the average rent median estimated to be $1,840.00. The good news is that finding an affordable and desirable property to rent in Gurnee, 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.

Gurnee, IL 60031 Foreclosures

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