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Foreclosure Homes in Herrin, IL

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Herrin, IL Foreclosures

How much do homes sell for in Herrin, IL?
The average home price is currently $144,995.
In Herrin, IL, how many homes are available?
There are currently 30 active home listings available in Herrin.
What’s the average rental cost in Herrin, IL?
The average rental price in Herrin is $1,058.
What is the most expensive home in Herrin?
The most expensive home sold in Herrin had a price of $5,477,815.
What is currently the cheapest priced home in Herrin, IL?
The cheapest home for sale in Herrin is priced at $13,926.

Living in Herrin, IL

Herrin, IL, is a charming small town in southern Illinois with a strong sense of community and a variety of local amenities. The city is known for its historical significance, numerous parks, and family-friendly events. With easy access to shopping, dining, and outdoor activities, Herrin is a great place to call home.

Current Market Conditions in Herrin, IL

The real estate market in Herrin, IL, has shown resilience, with a steady increase in home values over the past year. Currently, there is a healthy inventory of homes available, making it a favorable market for buyers and sellers alike.

Demand for properties has been driven by the city's desirable location and community-centric lifestyle, attracting families and individuals seeking a peaceful environment.

Home Value Estimator For Herrin, IL

There are currently 5,405 real estate properties in Herrin, IL, with a median automated valuation model (AVM) price of $108,389.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Herrin, 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 Herrin, IL, is $144,995.00, with the most expensive house in Herrin, IL, topping out at $5,477,815.00 and the cheapest home in Herrin, IL, clocking in at $13,926.00. In other words, there’s something for every potential homebuyer or savvy investor in Herrin, IL!

Rent Prices In Herrin, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Herrin, IL, is on a rollercoaster ride. The average rent price in Herrin, IL, is $1,058.00. Indeed, when looking to rent in Herrin, IL, you can expect to pay as little as $450.00 or as much as $3,340.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Herrin, 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.

Herrin, IL Foreclosures

Market Trend for Herrin, IL

Total Listings Available: 30

Market Values:

Home Prices from $13,926 to $5,477,815

Average Sales Price: $144,995

Rental Values:

Rental from $450 to $3,340

Average Rent Value: $1,058 / month

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