Multi-family Foreclosures in Harvey, IL

Current Market Conditions in Harvey, IL

The real estate market in Harvey is showing signs of recovery with increasing home values over the past year, reflecting a growing interest in the area. As new families and younger buyers seek affordable housing options, this trend is anticipated to continue, bringing more investment into the community.

There has been a recent uptick in home sales, with many properties receiving multiple offers. The market is becoming more competitive, particularly for homes priced under $200,000, which appeals to first-time buyers looking for budget-friendly options.

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.