Iola, IL Foreclosures
How much do homes sell for in Iola, IL?
The average home price is currently $149,289.
In Iola, IL, how many homes are available?
There are currently 20 active home listings available in Iola.
What’s the average rental cost in Iola, IL?
The average rental price in Iola is $1,003.
What is the most expensive home in Iola?
The most expensive home sold in Iola had a price of $381,300.
What is currently the cheapest priced home in Iola, IL?
The cheapest home for sale in Iola is priced at $28,682.
Living in Iola, IL
Iola, IL is a quiet village that offers a friendly and peaceful lifestyle, making it ideal for families and retirees. The area is enriched with natural beauty, community events, and essential amenities. With a strong educational system, Iola is a charming place to call home.
Current Market Conditions in Iola, IL
The real estate market in Iola is characterized by a range of options suitable for various budgets. Homes in this area tend to have stable prices due to the village's limited inventory and consistent demand. The mix of family homes and single-level living options make it appealing for families, retirees, and first-time buyers alike.
In recent months, there has been a noticeable uptick in interest in Iola from homebuyers seeking a more laid-back lifestyle away from larger urban centers. This shift has resulted in homes selling faster and at slightly higher prices than previous years. Overall, the market exhibits healthy growth and interest.
Home Value Estimator For Iola, IL
There are currently 53 real estate properties
in Iola, IL,
with a median automated valuation model (AVM) price
of $135,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Iola, 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 Iola, IL,
is $149,289.00, with the most expensive house
in Iola, IL, topping out
at $381,300.00 and the cheapest home
in Iola, IL,
clocking in at $28,682.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Iola, IL!
Rent Prices
In Iola, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Iola, IL, is on
a rollercoaster ride. The
average rent price in Iola, IL,
is $1,003.00. Indeed, when looking to rent in
Iola, IL, you can expect to pay as little
as $750.00 or as much
as $1,780.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Iola, 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
