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Land Foreclosures in Herrick, IL

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Herrick, IL Foreclosures

How much do homes sell for in Herrick, IL?
The average home price is currently $163,878.
What’s the average rental cost in Herrick, IL?
The average rental price in Herrick is $965.
What is the most expensive home in Herrick?
The most expensive home sold in Herrick had a price of $686,200.
What is currently the cheapest priced home in Herrick, IL?
The cheapest home for sale in Herrick is priced at $21,282.

Living in Herrick, IL

Herrick, IL is a quaint village offering a peaceful lifestyle with a close-knit community. Enjoy the natural beauty of the area, and engage in local activities and events. This village provides convenient access to essential services and schools, making it a great place for families and retirees alike.

Current Market Conditions in Herrick, IL

The real estate market in Herrick is currently experiencing a steady increase in home prices due to limited inventory and high demand. Homes in this charming village are becoming sought after as people look for affordable options away from larger urban areas. Buyers are encouraged to act quickly, as desirable properties tend to sell fast in this tight market.

Recent trends indicate that many families and individuals are moving to Herrick for its affordable housing options and quality of life. The community’s focus on maintaining its rural character while providing necessary amenities is appealing to potential homeowners.

Home Value Estimator For Herrick, IL

There are currently 292 real estate properties in Herrick, IL, with a median automated valuation model (AVM) price of $133,514.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Herrick, 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 Herrick, IL, is $163,878.00, with the most expensive house in Herrick, IL, topping out at $686,200.00 and the cheapest home in Herrick, IL, clocking in at $21,282.00. In other words, there’s something for every potential homebuyer or savvy investor in Herrick, IL!

Rent Prices In Herrick, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Herrick, IL, is on a rollercoaster ride. The average rent price in Herrick, IL, is $965.00. Indeed, when looking to rent in Herrick, IL, you can expect to pay as little as $570.00 or as much as $1,700.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Herrick, 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.

Herrick, IL Land


Market Trend for Herrick, IL

Total Listings Available: 0

Market Values:

Home Prices from $21,282 to $686,200

Average Sales Price: $163,878

Rental Values:

Rental from $570 to $1,700

Average Rent Value: $965 / month

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