Kewanee, IL Foreclosures
How much do homes sell for in Kewanee, IL?
The average home price is currently $126,175.
What’s the average rental cost in Kewanee, IL?
The average rental price in Kewanee is $919.
What is the most expensive home in Kewanee?
The most expensive home sold in Kewanee had a price of $88,290,400.
What is currently the cheapest priced home in Kewanee, IL?
The cheapest home for sale in Kewanee is priced at $10,593.
Living in Kewanee, IL
Kewanee, Illinois, is a charming town known for its rich history and friendly community atmosphere. The area offers a mix of suburban living with convenient amenities, making it ideal for families and individuals alike. With its picturesque parks and affordable housing options, Kewanee provides a wonderful place to call home.
Current Market Conditions in Kewanee, IL
Kewanee's real estate market has seen stable growth in recent years, with a balanced mix of buyers and sellers in the market. While home prices have risen moderately, the area remains affordable compared to other regions in Illinois. The local economy, supported by manufacturing and service industries, is contributing to a steady demand for housing. Buyers are actively seeking properties in Kewanee, particularly family homes with access to local schools and parks.
As of recent reports, homes in Kewanee are averaging a modest time on the market before being sold, indicating a healthy demand. Investment opportunities exist for those looking to rent or flip homes within the community, particularly given the town's reputation and amenities.
Home Value Estimator For Kewanee, IL
There are currently 5,787 real estate properties
in Kewanee, IL,
with a median automated valuation model (AVM) price
of $73,856.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kewanee, 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 Kewanee, IL,
is $126,175.00, with the most expensive house
in Kewanee, IL, topping out
at $88,290,400.00 and the cheapest home
in Kewanee, IL,
clocking in at $10,593.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kewanee, IL!
Rent Prices
In Kewanee, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kewanee, IL, is on
a rollercoaster ride. The
average rent price in Kewanee, IL,
is $919.00. Indeed, when looking to rent in
Kewanee, IL, you can expect to pay as little
as $500.00 or as much
as $2,240.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Kewanee, 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
