Iuka, IL Foreclosures
How much do homes sell for in Iuka, IL?
The average home price is currently $122,868.
In Iuka, IL, how many homes are available?
There are currently 41 active home listings available in Iuka.
What’s the average rental cost in Iuka, IL?
The average rental price in Iuka is $948.
What is the most expensive home in Iuka?
The most expensive home sold in Iuka had a price of $490,100.
What is currently the cheapest priced home in Iuka, IL?
The cheapest home for sale in Iuka is priced at $9,707.
Living in Iuka, IL
Iuka, IL, is a charming rural village that offers a peaceful living environment with a strong sense of community. Surrounded by beautiful countryside, it attracts those who appreciate outdoor activities and a slower pace of life. The village manages to maintain essential amenities while providing access to larger towns nearby.
Current Market Conditions in Iuka, IL
The real estate market in Iuka, IL, has shown steady growth over the past year, reflecting the increased interest in rural living. With modest housing prices and a stable market, prospective buyers might find excellent opportunities for investment or home ownership. Homes in the area are generally affordable, appealing to first-time buyers and those looking to downsize or retire.
Current trends indicate a growing desire for residential properties in Iuka, as more individuals escape urban centers searching for quiet, spacious, and affordable housing options. With interest rates still at manageable levels, the market is favorable for both buyers and sellers.
Home Value Estimator For Iuka, IL
There are currently 432 real estate properties
in Iuka, IL,
with a median automated valuation model (AVM) price
of $101,755.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Iuka, 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 Iuka, IL,
is $122,868.00, with the most expensive house
in Iuka, IL, topping out
at $490,100.00 and the cheapest home
in Iuka, IL,
clocking in at $9,707.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Iuka, IL!
Rent Prices
In Iuka, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Iuka, IL, is on
a rollercoaster ride. The
average rent price in Iuka, IL,
is $948.00. Indeed, when looking to rent in
Iuka, IL, you can expect to pay as little
as $570.00 or as much
as $1,820.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Iuka, 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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