Johnsburg, IL Foreclosures
How much do homes sell for in Johnsburg, IL?
The average home price is currently $429,858.
In Johnsburg, IL, how many homes are available?
There are currently 58 active home listings available in Johnsburg.
What’s the average rental cost in Johnsburg, IL?
The average rental price in Johnsburg is $1,780.
What is the most expensive home in Johnsburg?
The most expensive home sold in Johnsburg had a price of $3,796,300.
What is currently the cheapest priced home in Johnsburg, IL?
The cheapest home for sale in Johnsburg is priced at $12,709.
Living in Johnsburg, IL
Johnsburg, Illinois is a charming small town located in the northern suburbs of Chicago. Known for its strong sense of community, this area offers a blend of suburban tranquility and convenient access to urban amenities. Families are drawn to the area for its excellent schools, recreational opportunities, and friendly atmosphere.
Current Market Conditions in Johnsburg, IL
The real estate market in Johnsburg has been showing signs of growth in recent months, characterized by a steady increase in home prices. The demand for homes in this area has increased as more buyers seek suburban living within commuting distance of Chicago. As a result, homes are frequently selling at or above their listing prices, indicating a competitive market with limited inventory.
Investors are taking note of the potential in Johnsburg, as the area attracts first-time homebuyers, families looking for more space, and retirees seeking a peaceful lifestyle. With demographic trends favoring single-family homes and a growing population, it is expected that home values will continue to rise, making this an attractive market for both buyers and sellers.
Home Value Estimator For Johnsburg, IL
There are currently 2,853 real estate properties
in Johnsburg, IL,
with a median automated valuation model (AVM) price
of $385,804.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Johnsburg, 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 Johnsburg, IL,
is $429,858.00, with the most expensive house
in Johnsburg, IL, topping out
at $3,796,300.00 and the cheapest home
in Johnsburg, IL,
clocking in at $12,709.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Johnsburg, IL!
Rent Prices
In Johnsburg, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Johnsburg, IL, is on
a rollercoaster ride. The
average rent price in Johnsburg, IL,
is $1,780.00. Indeed, when looking to rent in
Johnsburg, IL, you can expect to pay as little
as $1,010.00 or as much
as $3,880.00,
with the average rent median estimated to
be $1,700.00. The good news is that finding
an affordable and desirable property to rent in Johnsburg, 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.