Foreclosures in Harvey, IL

Current Market Conditions in Harvey, IL

The real estate market in Harvey has shown signs of recovery with a slight increase in home prices over the past year, indicating a growing demand for properties in the area. As families and individuals seek affordable housing options just outside the city, Harvey is becoming increasingly attractive to buyers.

Vacancy rates in Harvey have decreased, suggesting that the housing market is tightening as more people are drawn to the area due to its affordability compared to nearby urban settings. Investors are also taking notice, contributing to the revitalization of the local real estate market.

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.