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Commercial Foreclosures in Harvey, IL

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Harvey, IL Foreclosures

Current Market Conditions in in Harvey, IL As of February 2026?
Over the past month, Harvey's real estate market has experienced a steady pace in home sales, with prices remaining stable. Although some homes have seen a slight increase in value due to demand, the overall market continues to be competitive but still accessible for first-time buyers and investors alike.
How much do homes sell for in Harvey, IL?
The average home price is currently $121,053.
In Harvey, IL, how many homes are available?
There are currently 119 active home listings available in Harvey.
What’s the average rental cost in Harvey, IL?
The average rental price in Harvey is $1,235.
What is the most expensive home in Harvey?
The most expensive home sold in Harvey had a price of $5,445,285.
What is currently the cheapest priced home in Harvey, IL?
The cheapest home for sale in Harvey is priced at $10,013.

Living in Harvey, IL

Harvey, IL, offers a unique suburban experience just outside of Chicago, with a strong sense of community and access to numerous amenities. The area features parks and recreational facilities, making it suitable for families and outdoor lovers. Residents benefit from good transportation options and a variety of local shops and restaurants.

Buyer vs Seller Market in Harvey, IL

The real estate market in Harvey has shown signs of improvement over the last year, with an uptick in home sales and an increase in property values. Investors are taking notice of the area's affordability compared to nearby Chicago, leading to a competitive market for both buyers and renters.

Trends suggest that families and young professionals are increasingly looking towards suburbs like Harvey for more spacious homes and community-oriented living environments, contributing to sustained demand.

Home Value Estimator For Harvey, IL

There are currently 8,899 real estate properties in Harvey, IL, with a median automated valuation model (AVM) price of $108,954.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Harvey, 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 Harvey, IL, is $121,053.00, with the most expensive house in Harvey, IL, topping out at $5,445,285.00 and the cheapest home in Harvey, IL, clocking in at $10,013.00. In other words, there’s something for every potential homebuyer or savvy investor in Harvey, IL!

Rent Prices In Harvey, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Harvey, IL, is on a rollercoaster ride. The average rent price in Harvey, IL, is $1,235.00. Indeed, when looking to rent in Harvey, IL, you can expect to pay as little as $750.00 or as much as $3,000.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Harvey, 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.

Harvey, IL Commercial


Market Trend for Harvey, IL

Total Listings Available: 119

Market Values:

Home Prices from $10,013 to $5,445,285

Average Sales Price: $121,053

Rental Values:

Rental from $750 to $3,000

Average Rent Value: $1,235 / month

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