Illinois City, IL Foreclosures
How much do homes sell for in Illinois City, IL?
The average home price is currently $225,669.
What’s the average rental cost in Illinois City, IL?
The average rental price in Illinois City is $1,336.
What is the most expensive home in Illinois City?
The most expensive home sold in Illinois City had a price of $637,972.
What is currently the cheapest priced home in Illinois City, IL?
The cheapest home for sale in Illinois City is priced at $17,991.
Living in Illinois City, IL
Illinois City, IL is a quaint town that offers a suburban feel with easy access to urban amenities in the Quad Cities. Known for its welcoming atmosphere and outdoor recreational opportunities, Illinois City is ideal for families and those seeking a quieter lifestyle. The town features a number of parks and community events that help foster a strong local connection.
Current Market Conditions in Illinois City, IL
The real estate market in Illinois City has remained relatively stable, with a mix of affordable housing options and a few higher-end listings. The area is experiencing slight growth in housing demand, attributed to families and retirees looking for a peaceful environment with convenient access to larger cities.
Current market conditions indicate a steady increase in home values, with fewer homes available compared to previous years. This has created a competitive environment for buyers, while sellers are enjoying favorable selling conditions.
Home Value Estimator For Illinois City, IL
There are currently 360 real estate properties
in Illinois City, IL,
with a median automated valuation model (AVM) price
of $205,939.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Illinois City, 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 Illinois City, IL,
is $225,669.00, with the most expensive house
in Illinois City, IL, topping out
at $637,972.00 and the cheapest home
in Illinois City, IL,
clocking in at $17,991.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Illinois City, IL!
Rent Prices
In Illinois City, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Illinois City, IL, is on
a rollercoaster ride. The
average rent price in Illinois City, IL,
is $1,336.00. Indeed, when looking to rent in
Illinois City, IL, you can expect to pay as little
as $630.00 or as much
as $2,180.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Illinois City, 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.
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