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Foreclosure Homes in Illiopolis, IL

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Illiopolis, IL Foreclosures

Current Market Conditions in in Illiopolis, IL As of April 2026?
Over the past month, Illiopolis has experienced a gradual increase in home sales as more first-time buyers enter the market seeking homes in this affordable area. The average days on market have decreased slightly, indicating that well-priced homes are selling quicker. Additionally, the inventory remains low, suggesting it could be a good time for sellers looking to capitalize on demand without overwhelming competition.
How much do homes sell for in Illiopolis, IL?
The average home price is currently $150,875.
In Illiopolis, IL, how many homes are available?
There are currently 44 active home listings available in Illiopolis.
What’s the average rental cost in Illiopolis, IL?
The average rental price in Illiopolis is $1,072.
What is the most expensive home in Illiopolis?
The most expensive home sold in Illiopolis had a price of $1,663,413.
What is currently the cheapest priced home in Illiopolis, IL?
The cheapest home for sale in Illiopolis is priced at $10,495.

Living in Illiopolis, IL

Illiopolis, IL is a charming small village that offers a peaceful suburban lifestyle with a close-knit community. Situated conveniently near Springfield, it provides residents with scenic beauty and essential amenities. The area is ideal for families seeking a quieter life while maintaining access to larger city conveniences.

Buyer vs Seller Market in Illiopolis, IL

The real estate market in Illiopolis has shown steady growth in recent months, with a slight increase in home values. There is a balanced supply of homes available for sale and a consistent demand from buyers, making it an attractive option for new homeowners and investors alike.

In recent months, the market has attracted individuals looking for more affordable housing options outside of larger city centers. This gravitation towards small towns has sparked interest and slightly elevated prices in some areas, while still remaining competitive when compared to neighboring regions.

Home Value Estimator For Illiopolis, IL

There are currently 618 real estate properties in Illiopolis, IL, with a median automated valuation model (AVM) price of $127,926.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Illiopolis, 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 Illiopolis, IL, is $150,875.00, with the most expensive house in Illiopolis, IL, topping out at $1,663,413.00 and the cheapest home in Illiopolis, IL, clocking in at $10,495.00. In other words, there’s something for every potential homebuyer or savvy investor in Illiopolis, IL!

Rent Prices In Illiopolis, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Illiopolis, IL, is on a rollercoaster ride. The average rent price in Illiopolis, IL, is $1,072.00. Indeed, when looking to rent in Illiopolis, IL, you can expect to pay as little as $570.00 or as much as $1,500.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Illiopolis, 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.

Illiopolis, IL Foreclosures


Market Trend for Illiopolis, IL

Total Listings Available: 44

Market Values:

Home Prices from $10,495 to $1,663,413

Average Sales Price: $150,875

Rental Values:

Rental from $570 to $1,500

Average Rent Value: $1,072 / month

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