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Multi-family Foreclosures in Harvey, IL

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Harvey, IL Foreclosures

How much do homes sell for in Harvey, IL?
The average home price is currently $125,097.
In Harvey, IL, how many homes are available?
There are currently 61 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 $5,539,322.
What is currently the cheapest priced home in Harvey, IL?
The cheapest home for sale in Harvey is priced at $10,032.

Living in Harvey, IL

Harvey, IL is a vibrant suburban city located just south of Chicago. Known for its diversity and community spirit, it offers a range of amenities, parks, and schools for families and individuals. The city's convenient access to major highways makes it an ideal location for commuters, providing both urban connectivity and suburban tranquility.

Current Market Conditions in Harvey, IL

The real estate market in Harvey, IL has shown signs of stability over the past few months, driven by affordable housing options and an increasing demand for single-family homes. The recent trends indicate a steady increase in home sales, as buyers are drawn to the affordability and location of the city, especially being close to Chicago.

In the last few years, Harvey has seen a rise in home renovations and improvements, enhancing property values and attracting new residents. The city's efforts to revitalize neighborhoods and promote local businesses have contributed to a positive shift in the community's image.

Home Value Estimator For Harvey, IL

There are currently 8,880 real estate properties in Harvey, IL, with a median automated valuation model (AVM) price of $113,424.00. 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 $125,097.00, with the most expensive house in Harvey, IL, topping out at $5,539,322.00 and the cheapest home in Harvey, IL, clocking in at $10,032.00. 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 Multi-family Homes


Market Trend for Harvey, IL

Total Listings Available: 61

Market Values:

Home Prices from $10,032 to $5,539,322

Average Sales Price: $125,097

Rental Values:

Rental from $750 to $3,000

Average Rent Value: $1,235 / month

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