Hopewell, IL Foreclosures
How much do homes sell for in Hopewell, IL?
The average home price is currently $221,325.
What’s the average rental cost in Hopewell, IL?
The average rental price in Hopewell is $1,506.
What is the most expensive home in Hopewell?
The most expensive home sold in Hopewell had a price of $542,737.
What is currently the cheapest priced home in Hopewell, IL?
The cheapest home for sale in Hopewell is priced at $21,344.
Living in Hopewell, IL
Hopewell, IL, is a serene village characterized by its rural charm and strong sense of community. With easy access to nature and outdoor activities, it is a perfect home for those seeking tranquility. The area features essential amenities and a friendly atmosphere, enhancing the quality of life for its residents.
Current Market Conditions in Hopewell, IL
The real estate market in Hopewell has shown gradual growth over the past year, indicating an evolving interest in this charming village. Prices have remained stable, indicating a balanced supply and demand, with more potential buyers looking towards suburban living as remote work becomes more common.
Overall, Hopewell's housing market is welcoming to both first-time homebuyers and those looking to invest in a peaceful community.
Home Value Estimator For Hopewell, IL
There are currently 166 real estate properties
in Hopewell, IL,
with a median automated valuation model (AVM) price
of $213,338.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hopewell, 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 Hopewell, IL,
is $221,325.00, with the most expensive house
in Hopewell, IL, topping out
at $542,737.00 and the cheapest home
in Hopewell, IL,
clocking in at $21,344.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hopewell, IL!
Rent Prices
In Hopewell, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hopewell, IL, is on
a rollercoaster ride. The
average rent price in Hopewell, IL,
is $1,506.00. Indeed, when looking to rent in
Hopewell, IL, you can expect to pay as little
as $950.00 or as much
as $2,190.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Hopewell, 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.
Learn more on Foreclosure homes
