Lacon, IL Foreclosures
How much do homes sell for in Lacon, IL?
The average home price is currently $148,765.
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 $715,386.
What is currently the cheapest priced home in Lacon, IL?
The cheapest home for sale in Lacon is priced at $31,234.
Living in Lacon, IL
Lacon, IL is a peaceful, small-town community known for its friendly atmosphere and picturesque landscapes. It offers a balance of outdoor activities and local amenities suited for families and individuals alike. Expect a tight-knit community that values education, outdoor recreation, and a slower pace of life.
Current Market Conditions in Lacon, IL
The real estate market in Lacon, IL is currently favorable for buyers, with an increasing number of homes available for sale. Prices have remained stable, but there is a notable demand for family-sized homes, especially those with outdoor spaces. The appeal of a quiet lifestyle combined with outdoor activities is attracting new buyers, especially as remote work becomes more commonplace.
In recent months, Lacon has seen a slight uptick in home values, particularly for properties that offer renovation potential. The overall market trend suggests a gradual increase in pricing as more people recognize the value of living in a peaceful rural setting. Buyer interest remains high as families look for affordable housing options away from the major urban centers.
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 $135,190.00. 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 $148,765.00, with the most expensive house
in Lacon, IL, topping out
at $715,386.00 and the cheapest home
in Lacon, IL,
clocking in at $31,234.00. 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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