Humboldt, IL Foreclosures
How much do homes sell for in Humboldt, IL?
The average home price is currently $192,230.
In Humboldt, IL, how many homes are available?
There are currently 114 active home listings available in Humboldt.
What’s the average rental cost in Humboldt, IL?
The average rental price in Humboldt is $1,072.
What is the most expensive home in Humboldt?
The most expensive home sold in Humboldt had a price of $5,761,854.
What is currently the cheapest priced home in Humboldt, IL?
The cheapest home for sale in Humboldt is priced at $12,286.
Living in Humboldt, IL
Humboldt, IL is a small yet inviting town that combines rural charm with easy access to modern amenities. Known for its strong community spirit and beautiful natural surroundings, it offers a variety of recreational activities and a commitment to quality education. With a friendly atmosphere and attractive local businesses, Humboldt stands out as a peaceful place to call home.
Current Market Conditions in Humboldt, IL
The current real estate market in Humboldt is competitive, with demand for homes steadily increasing over the last year. Buyers are attracted to the area for its affordability compared to larger urban centers, which has led to rising home prices. As interest rates fluctuate, many prospective homeowners are weighing their options carefully, making it crucial for sellers to price their homes competitively to attract offers.
In recent months, the availability of homes for sale has dwindled, leading to a seller's market where home prices have appreciated significantly. This trend is likely to continue as more individuals are drawn to the lifestyle Humboldt offers, contributing to the ongoing popularity of the area in the real estate sector.
Home Value Estimator For Humboldt, IL
There are currently 435 real estate properties
in Humboldt, IL,
with a median automated valuation model (AVM) price
of $133,323.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Humboldt, 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 Humboldt, IL,
is $192,230.00, with the most expensive house
in Humboldt, IL, topping out
at $5,761,854.00 and the cheapest home
in Humboldt, IL,
clocking in at $12,286.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Humboldt, IL!
Rent Prices
In Humboldt, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Humboldt, IL, is on
a rollercoaster ride. The
average rent price in Humboldt, IL,
is $1,072.00. Indeed, when looking to rent in
Humboldt, IL, you can expect to pay as little
as $580.00 or as much
as $2,120.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Humboldt, 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
