Foreclosure Homes in Hampshire, IL

Current Market Conditions in Hampshire, IL

The current real estate market in Hampshire shows a steady increase in property demand, mainly driven by families seeking a peaceful suburban lifestyle while still being close to the city. This demand has led to competitive pricing, though the area remains generally affordable compared to neighboring towns.

Many buyers are looking for single-family homes, with a noticeable interest in larger properties that offer more outdoor space. Homes listed with desirable features such as updated interiors and spacious yards are seeing quicker sales, while older constructions are being renovated to meet modern preferences.

Rent Prices In Hampshire, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hampshire, IL, is on a rollercoaster ride. The average rent price in Hampshire, IL, is $1,719.00. Indeed, when looking to rent in Hampshire, IL, you can expect to pay as little as $900.00 or as much as $3,900.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Hampshire, 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.