Humboldt, IL Foreclosures
How much do homes sell for in Humboldt, IL?
The average home price is currently $189,805.
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 $5,803,646.
What is currently the cheapest priced home in Humboldt, IL?
The cheapest home for sale in Humboldt is priced at $12,375.
Living in Humboldt, IL
Humboldt, IL is a charming small town known for its peaceful atmosphere and strong community ties. With access to local parks, good schools, and essential amenities, it offers a comfortable lifestyle for families and individuals looking for a close-knit community. Residents enjoy outdoor activities surrounded by scenic landscapes, making it a great place to call home.
Current Market Conditions in Humboldt, IL
Currently, the real estate market in Humboldt is stable, with a mix of traditional single-family homes and newer constructions. The demand for housing has seen a modest increase due to its appealing community atmosphere and the affordability of homes compared to larger metropolitan areas. This has attracted new families and individuals looking to establish themselves in a quiet environment, significantly benefiting the local market.
The market trends indicate steady interest from homebuyers, particularly in the lower price ranges, which suggests growing investment potential in this region. New listings are coming to the market, but inventory remains limited, creating opportunities for sellers.
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 $130,436.00. 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 $189,805.00, with the most expensive house
in Humboldt, IL, topping out
at $5,803,646.00 and the cheapest home
in Humboldt, IL,
clocking in at $12,375.00. 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
