Hennepin, IL Foreclosures
How much do homes sell for in Hennepin, IL?
The average home price is currently $228,103.
In Hennepin, IL, how many homes are available?
There are currently 4 active home listings available in Hennepin.
What’s the average rental cost in Hennepin, IL?
The average rental price in Hennepin is $1,211.
What is the most expensive home in Hennepin?
The most expensive home sold in Hennepin had a price of $1,664,700.
What is currently the cheapest priced home in Hennepin, IL?
The cheapest home for sale in Hennepin is priced at $24,749.
Living in Hennepin, IL
Hennepin, IL, is a picturesque village in Putnam County that offers a peaceful lifestyle with a strong sense of community. Known for its scenic beauty along the Illinois River, residents can enjoy outdoor activities, local festivals, and a family-friendly atmosphere. With access to essential amenities and quality schools, Hennepin is a perfect place for those looking to settle in a close-knit environment.
Current Market Conditions in Hennepin, IL
The real estate market in Hennepin has been stable over the past few months, with a modest increase in property values as interest in rural living continues to grow. Homes are generally affordable, attracting first-time buyers and those looking to downsize. The demand for houses in the area remains consistent, supported by the serene lifestyle and natural beauty that Hennepin has to offer.
As more people seek refuge from urban environments, Hennepin's real estate has gained attention. Different property types, from single-family homes to charming bungalows, have seen gradual appreciation. The community's appeal to those desiring a slower pace of life contributes to stability in the market.
Home Value Estimator For Hennepin, IL
There are currently 483 real estate properties
in Hennepin, IL,
with a median automated valuation model (AVM) price
of $205,630.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hennepin, 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 Hennepin, IL,
is $228,103.00, with the most expensive house
in Hennepin, IL, topping out
at $1,664,700.00 and the cheapest home
in Hennepin, IL,
clocking in at $24,749.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hennepin, IL!
Rent Prices
In Hennepin, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hennepin, IL, is on
a rollercoaster ride. The
average rent price in Hennepin, IL,
is $1,211.00. Indeed, when looking to rent in
Hennepin, IL, you can expect to pay as little
as $570.00 or as much
as $1,760.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Hennepin, 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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