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Land Foreclosures in Hometown, IL

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Hometown, IL Foreclosures

How much do homes sell for in Hometown, IL?
The average home price is currently $220,166.
In Hometown, IL, how many homes are available?
There are currently 11,342 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 $2,937,804.
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 cozy suburban community near Chicago, combining a friendly atmosphere with easy access to urban conveniences. It features ample parks, good schools, and strong public transportation links, making it an ideal place for families and professionals alike.

Current Market Conditions in Hometown, IL

Hometown's real estate market is currently experiencing stable growth, with home prices showing a steady increase over the past year. Demand for homes in the area remains strong due to its proximity to Chicago and quality of life. Many buyers are attracted to the suburban lifestyle Hometown offers, which continues to drive interest in residential properties.

The rental market is also thriving, appealing to young professionals and families who prefer to rent in a suburban setting rather than the city. The homes available range from single-family homes to modern condominiums, catering to various preferences and budgets.

Home Value Estimator For Hometown, IL

There are currently 1,514 real estate properties in Hometown, IL, with a median automated valuation model (AVM) price of $212,777.00. 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 $220,166.00, with the most expensive house in Hometown, IL, topping out at $2,937,804.00 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 Land


Market Trend for Hometown, IL

Total Listings Available: 11,342

Market Values:

Home Prices from $101,000 to $2,937,804

Average Sales Price: $220,166

Rental Values:

Rental from $850 to $1,660

Average Rent Value: $1,290 / month

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