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Preforeclosure Homes in Hume, IL

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Living in Hume, IL

Hume, Illinois, is a serene rural community known for its close-knit atmosphere and beautiful landscapes. With a handful of local amenities and a peaceful lifestyle, it’s an ideal place for those looking to escape the hustle of city life. While small, Hume provides essential services and a friendly environment for all residents.

Current Market Conditions in Hume, IL

The real estate market in Hume has shown stability in recent months, attracting buyers looking for affordable homes with larger lots typical of rural areas. The demand for properties in small towns is growing, leading to a balanced market where both buyers and sellers can find favorable conditions.

Home Value Estimator For Hume, IL

There are currently 206 real estate properties in Hume, IL, with a median automated valuation model (AVM) price of $76,507.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hume, 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 Hume, IL, is $88,736.00, with the most expensive house in Hume, IL, topping out at $279,849.00 and the cheapest home in Hume, IL, clocking in at $21,546.00. In other words, there’s something for every potential homebuyer or savvy investor in Hume, IL!

Rent Prices In Hume, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hume, IL, is on a rollercoaster ride. The average rent price in Hume, IL, is $852.00. Indeed, when looking to rent in Hume, IL, you can expect to pay as little as $580.00 or as much as $1,430.00, with the average rent median estimated to be $790.00. The good news is that finding an affordable and desirable property to rent in Hume, 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.

Hume, IL Preforeclosure Homes


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