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Preforeclosure Homes in La Rose, IL 61541

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La Rose, IL Foreclosures

How much do homes sell for in La Rose, IL?
The average home price is currently $88,478.
In La Rose, IL, how many homes are available?
There are currently 1 active home listings available in La Rose.
What’s the average rental cost in La Rose, IL?
The average rental price in La Rose is $951.
What is the most expensive home in La Rose?
The most expensive home sold in La Rose had a price of $182,447.
What is currently the cheapest priced home in La Rose, IL?
The cheapest home for sale in La Rose is priced at $31,485.

Living in La Rose, IL

La Rose, Illinois is a quaint village offering a peaceful lifestyle amidst beautiful rural landscapes. With a strong sense of community, outdoor activities abound along the nearby Spoon River, making it a great place for families and individuals seeking an escape from city life.

Current Market Conditions in La Rose, IL

The current real estate market in La Rose is stable, characterized by affordable housing options attracting first-time buyers and investors. Recently, there has been an uptick in interest as individuals seek out the charm of rural living combined with accessibility to nearby urban centers. The low inventory continues to create competitive conditions for buyers looking for properties in this peaceful village.

As remote work becomes increasingly popular, many individuals prefer relocating to quieter areas like La Rose where they can enjoy spacious homes at lower prices compared to urban markets. The demand is expected to continue as more people discover the benefits of living in a smaller community.

Home Value Estimator For La Rose, IL

There are currently 57 real estate properties in La Rose, IL, with a median automated valuation model (AVM) price of $84,837.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in La Rose, 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 La Rose, IL, is $88,478.00, with the most expensive house in La Rose, IL, topping out at $182,447.00 and the cheapest home in La Rose, IL, clocking in at $31,485.00. In other words, there’s something for every potential homebuyer or savvy investor in La Rose, IL!

Rent Prices In La Rose, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in La Rose, IL, is on a rollercoaster ride. The average rent price in La Rose, IL, is $951.00. Indeed, when looking to rent in La Rose, IL, you can expect to pay as little as $730.00 or as much as $1,200.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in La Rose, 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.

La Rose, IL 61541 Preforeclosure Homes


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