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Foreclosure Homes in Hazel Crest, IL

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Hazel Crest, IL Foreclosures

Current Market Conditions in in Hazel Crest, IL As of April 2026?
In the last month, the housing market in Hazel Crest has shown signs of increased activity, with several homes receiving multiple offers shortly after listing. The average time on the market has decreased slightly, indicating a competitive environment as buyers are eager to take advantage of low mortgage rates before potential increases. While prices have remained stable, the upward pressure on home values continues as demand exceeds supply, showing a robust market for sellers.
How much do homes sell for in Hazel Crest, IL?
The average home price is currently $195,900.
In Hazel Crest, IL, how many homes are available?
There are currently 303 active home listings available in Hazel Crest.
What’s the average rental cost in Hazel Crest, IL?
The average rental price in Hazel Crest is $1,607.
What is the most expensive home in Hazel Crest?
The most expensive home sold in Hazel Crest had a price of $17,436,210.
What is currently the cheapest priced home in Hazel Crest, IL?
The cheapest home for sale in Hazel Crest is priced at $14,793.

Living in Hazel Crest, IL

Hazel Crest is a vibrant suburb of Chicago known for its family-friendly environment and community spirit. The village features an array of parks and local businesses, making it a great place to live. With convenient public transportation access, residents can easily commute to the city while enjoying the peace of suburban living.

Buyer vs Seller Market in Hazel Crest, IL

The Hazel Crest real estate market has seen a steady appreciation over the past few years, driven by strong demand from families seeking spacious homes and a safe environment. The low inventory of available homes contrasts with the increasing buyer interest, resulting in competitive bidding situations on well-priced listings.

The job market in the Chicago area continues to strengthen, bolstering demand for housing in the suburbs like Hazel Crest. New businesses are opening in the area, attracting more residents and contributing to the positive economic trends.

Home Value Estimator For Hazel Crest, IL

There are currently 5,694 real estate properties in Hazel Crest, IL, with a median automated valuation model (AVM) price of $187,016.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hazel Crest, 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 Hazel Crest, IL, is $195,900.00, with the most expensive house in Hazel Crest, IL, topping out at $17,436,210.00 and the cheapest home in Hazel Crest, IL, clocking in at $14,793.00. In other words, there’s something for every potential homebuyer or savvy investor in Hazel Crest, IL!

Rent Prices In Hazel Crest, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hazel Crest, IL, is on a rollercoaster ride. The average rent price in Hazel Crest, IL, is $1,607.00. Indeed, when looking to rent in Hazel Crest, IL, you can expect to pay as little as $920.00 or as much as $2,700.00, with the average rent median estimated to be $1,640.00. The good news is that finding an affordable and desirable property to rent in Hazel Crest, 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.

Hazel Crest, IL Foreclosures

Market Trend for Hazel Crest, IL

Total Listings Available: 303

Market Values:

Home Prices from $14,793 to $17,436,210

Average Sales Price: $195,900

Rental Values:

Rental from $920 to $2,700

Average Rent Value: $1,607 / month

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