Lacon, IL Foreclosures
How much do homes sell for in Lacon, IL?
The average home price is currently $150,026.
In Lacon, IL, how many homes are available?
There are currently 7 active home listings available in Lacon.
What’s the average rental cost in Lacon, IL?
The average rental price in Lacon is $1,136.
What is the most expensive home in Lacon?
The most expensive home sold in Lacon had a price of $728,656.
What is currently the cheapest priced home in Lacon, IL?
The cheapest home for sale in Lacon is priced at $31,010.
Living in Lacon, IL
Lacon, IL, is a serene small town situated along the picturesque Illinois River. Known for its warm community spirit and access to outdoor activities, Lacon offers a perfect blend of rural charm and local conveniences. Residents enjoy a variety of amenities and a peaceful lifestyle, making it an ideal place to call home.
Current Market Conditions in Lacon, IL
The real estate market in Lacon has shown stable growth over the past year, with a steady increase in home values and a consistent demand for properties. Buyers are attracted to the area due to its affordability and vibrant community life, with homes selling at a reasonable pace compared to larger cities.
Open house events and local real estate shows indicate a growing interest in Lacon, particularly among families and retirees looking for a quieter lifestyle. Properties near the river or parks tend to attract more attention, reflecting the area's desirable lifestyle.
Home Value Estimator For Lacon, IL
There are currently 997 real estate properties
in Lacon, IL,
with a median automated valuation model (AVM) price
of $134,655.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lacon, 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 Lacon, IL,
is $150,026.00, with the most expensive house
in Lacon, IL, topping out
at $728,656.00 and the cheapest home
in Lacon, IL,
clocking in at $31,010.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lacon, IL!
Rent Prices
In Lacon, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lacon, IL, is on
a rollercoaster ride. The
average rent price in Lacon, IL,
is $1,136.00. Indeed, when looking to rent in
Lacon, IL, you can expect to pay as little
as $580.00 or as much
as $2,210.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Lacon, 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.
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