Harvey, IL Foreclosures
How much do homes sell for in Harvey, IL?
The average home price is currently $123,523.
In Harvey, IL, how many homes are available?
There are currently 114 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 $5,523,359.
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, a suburb south of Chicago, offers a blend of urban convenience and suburban charm. Known for its diverse community, it provides residents with easy access to city amenities while preserving a neighborly atmosphere. The area's affordable housing and developing infrastructure make it an appealing choice for families and young professionals alike.
Current Market Conditions in Harvey, IL
The real estate market in Harvey has shown resilience over the past year, with a steady increase in home values as demand grows. The suburb remains affordable compared to surrounding areas, and this affordability continues to attract first-time homebuyers. With the local government focusing on revitalization projects, investment opportunities are likely to increase, encouraging more residents to consider Harvey as their home.
Currently, the market in Harvey is balanced, with a healthy inventory of homes available. Buyers are encouraged to act quickly, however, as the demand for homes remains strong, especially for single-family properties. Expected continued growth in the local economy and potential infrastructure improvements will likely bolster property values in the near future.
Home Value Estimator For Harvey, IL
There are currently 8,886 real estate properties
in Harvey, IL,
with a median automated valuation model (AVM) price
of $110,482.00. 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 $123,523.00, with the most expensive house
in Harvey, IL, topping out
at $5,523,359.00 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.
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