Illiopolis, IL Foreclosures
How much do homes sell for in Illiopolis, IL?
The average home price is currently $151,470.
In Illiopolis, IL, how many homes are available?
There are currently 1 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 $1,672,974.
What is currently the cheapest priced home in Illiopolis, IL?
The cheapest home for sale in Illiopolis is priced at $10,523.
Living in Illiopolis, IL
Illiopolis, IL, is a charming small town located in Sangamon County, offering a peaceful lifestyle with a strong community vibe. It's an ideal location for families and individuals looking for a quiet place to live while still being accessible to nearby amenities in Springfield. The town features local shops, schools, and recreational opportunities, making it a well-rounded community.
Current Market Conditions in Illiopolis, IL
The real estate market in Illiopolis has shown stable growth over the past few years, with modest increases in home prices, reflecting the area's appeal as a quiet residential community. A mixture of single-family homes and a few multifamily options provide a range of choices for homebuyers, with an increasing number of rural properties becoming sought after due to the rise in remote work opportunities.
Currently, the market sees a balanced supply and demand with properties often attracting multiple offers, especially those that are well-maintained. Investors are starting to notice this small but growing market, recognizing the potential for long-term appreciation and rental opportunities.
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 $127,100.00. 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 $151,470.00, with the most expensive house
in Illiopolis, IL, topping out
at $1,672,974.00 and the cheapest home
in Illiopolis, IL,
clocking in at $10,523.00. 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.
Learn more on Foreclosure homes
