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Short Sale Listings in Kewanee, IL

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Kewanee, IL Foreclosures

How much do homes sell for in Kewanee, IL?
The average home price is currently $124,853.
In Kewanee, IL, how many homes are available?
There are currently 4 active home listings available in Kewanee.
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 $89,031,700.
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, IL, is a quaint city with a rich agricultural history and a strong sense of community. Known for its charming downtown area and friendly neighborhoods, Kewanee offers a peaceful lifestyle with access to outdoor activities and local events. The city is well-served by schools and amenities, making it a great place for families and individuals alike.

Current Market Conditions in Kewanee, IL

The real estate market in Kewanee is currently stable, with a mix of single-family homes and townhouses available for purchase. Prices have seen a modest increase over the past couple of years, but the market remains accessible for first-time home buyers and investors alike. Overall, homes in Kewanee tend to sell quickly, especially those in desirable neighborhoods close to schools and amenities.

Recent trends indicate that there has been an uptick in interest for properties in Kewanee due to its affordable housing options and small-town charm. The low cost of living compared to larger metropolitan areas makes Kewanee an attractive option for those looking to relocate.

Home Value Estimator For Kewanee, IL

There are currently 5,788 real estate properties in Kewanee, IL, with a median automated valuation model (AVM) price of $71,013.00. 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 $124,853.00, with the most expensive house in Kewanee, IL, topping out at $89,031,700.00 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.

Kewanee, IL Short Sale Listings

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