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Condo Foreclosures in Jacob, IL

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Jacob, IL Foreclosures

How much do homes sell for in Jacob, IL?
The average home price is currently $183,142.
In Jacob, IL, how many homes are available?
There are currently 1 active home listings available in Jacob.
What’s the average rental cost in Jacob, IL?
The average rental price in Jacob is $938.
What is the most expensive home in Jacob?
The most expensive home sold in Jacob had a price of $875,794.
What is currently the cheapest priced home in Jacob, IL?
The cheapest home for sale in Jacob is priced at $14,479.

Living in Jacob, IL

Jacob, IL is a peaceful village in Union County, known for its rural charm and tight-knit community. It offers residents a serene lifestyle with access to outdoor activities in the nearby Shawnee National Forest, making it a great location for families and nature enthusiasts alike.

Current Market Conditions in Jacob, IL

The real estate market in Jacob has seen a steady interest due to its rural appeal and peaceful environment. Homes in the area tend to be more affordable compared to urban settings, attracting buyers looking for larger properties and lower prices.

As more people seek refuge from crowded city life, the demand for homes in small villages like Jacob has been gradually increasing, resulting in a healthy market with potential for long-term investment.

Home Value Estimator For Jacob, IL

There are currently 111 real estate properties in Jacob, IL, with a median automated valuation model (AVM) price of $134,919.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jacob, 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 Jacob, IL, is $183,142.00, with the most expensive house in Jacob, IL, topping out at $875,794.00 and the cheapest home in Jacob, IL, clocking in at $14,479.00. In other words, there’s something for every potential homebuyer or savvy investor in Jacob, IL!

Rent Prices In Jacob, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jacob, IL, is on a rollercoaster ride. The average rent price in Jacob, IL, is $938.00. Indeed, when looking to rent in Jacob, IL, you can expect to pay as little as $600.00 or as much as $1,670.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Jacob, 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.

Jacob, IL Condos


Market Trend for Jacob, IL

Total Listings Available: 1

Market Values:

Home Prices from $14,479 to $875,794

Average Sales Price: $183,142

Rental Values:

Rental from $600 to $1,670

Average Rent Value: $938 / month

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