Foreclosure Homes in Hampshire, IL 60140

Current Market Conditions in Hampshire, IL

The real estate market in Hampshire, IL, remains competitive, with a noticeable increase in demand for single-family homes. The area's affordability compared to neighboring suburbs has attracted many first-time buyers and families seeking more space.

There is a growing interest in new construction, as developers recognize the area's potential for growth. Additionally, investments in local infrastructure and community services are contributing to a flourishing market.

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.