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Foreclosures in Harvey, IL

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Living in Harvey, IL

Harvey, IL, is a community filled with history and modern conveniences, located just a short drive from Chicago. With a diverse population and a strong sense of community, residents enjoy various amenities, schools, and parks. Its accessibility to public transportation makes it an ideal location for commuting professionals and families alike.

Current Market Conditions in Harvey, IL

The real estate market in Harvey is currently stable, characterized by affordable housing options and a steady demand from first-time homebuyers. Investors are finding opportunities in the city's reasonable property prices compared to adjacent areas, making it appealing for rental property investments.

Recent trends indicate an increase in renovation and investment activity, as buyers look to improve properties and enhance the overall aesthetic of the community. This revitalization is fostering a sense of pride among residents and attracting new families to the area.

Home Value Estimator For Harvey, IL

There are currently 8,876 real estate properties in Harvey, IL, with a median automated valuation model (AVM) price of $113,650.00. 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 $124,563.00, with the most expensive house in Harvey, IL, topping out at $5,498,256.00 and the cheapest home in Harvey, IL, clocking in at $10,022.00. 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 Foreclosures

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