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Foreclosure Homes in Hometown, IL 60456

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Hometown, IL Foreclosures

How much do homes sell for in Hometown, IL?
The average home price is currently $222,470.
In Hometown, IL, how many homes are available?
There are currently 44 active home listings available in Hometown.
What’s the average rental cost in Hometown, IL?
The average rental price in Hometown is $1,290.
What is the most expensive home in Hometown?
The most expensive home sold in Hometown had a price of $2,896,277.
What is currently the cheapest priced home in Hometown, IL?
The cheapest home for sale in Hometown is priced at $101,000.

Living in Hometown, IL

Hometown, IL is a charming suburb located just a few miles from the bustling city of Chicago. Known for its community spirit, excellent schools, and ample parks, Hometown offers a perfect blend of suburban tranquility and urban convenience. With a variety of local shops and restaurants, residents can enjoy a fulfilling lifestyle, all within a short commute to the city's greater attractions.

Buyer vs Seller Market in Hometown, IL

The real estate market in Hometown, IL is currently favorable for both buyers and sellers, with a balanced inventory of homes available. The demand for housing has been steady, leading to a stable appreciation of property values over recent years.

Recent trends show an increase in young families moving into the area, contributing to a buoyant market where homes are selling quickly, especially those that are well-maintained and close to schools.

Home Value Estimator For Hometown, IL

There are currently 1,516 real estate properties in Hometown, IL, with a median automated valuation model (AVM) price of $213,760.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hometown, 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 Hometown, IL, is $222,470.00, with the most expensive house in Hometown, IL, topping out at $2,896,277.00 and the cheapest home in Hometown, IL, clocking in at $101,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Hometown, IL!

Rent Prices In Hometown, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hometown, IL, is on a rollercoaster ride. The average rent price in Hometown, IL, is $1,290.00. Indeed, when looking to rent in Hometown, IL, you can expect to pay as little as $850.00 or as much as $1,660.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Hometown, 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.

Hometown, IL 60456 Foreclosures

Market Trend for Hometown, IL

Total Listings Available: 44

Market Values:

Home Prices from $101,000 to $2,896,277

Average Sales Price: $222,470

Rental Values:

Rental from $850 to $1,660

Average Rent Value: $1,290 / month

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