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Short Sale Listings in Lansing, IL 60438

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Lansing, IL Foreclosures

How much do homes sell for in Lansing, IL?
The average home price is currently $222,920.
In Lansing, IL, how many homes are available?
There are currently 138 active home listings available in Lansing.
What’s the average rental cost in Lansing, IL?
The average rental price in Lansing is $1,341.
What is the most expensive home in Lansing?
The most expensive home sold in Lansing had a price of $11,829,836.
What is currently the cheapest priced home in Lansing, IL?
The cheapest home for sale in Lansing is priced at $10,083.

Living in Lansing, IL

Lansing, IL is a charming suburb just 30 miles south of Chicago. Known for its family-friendly neighborhoods, Lansing offers excellent schools, a variety of parks, and convenient access to urban amenities. Residents appreciate the community's vibrant atmosphere and active lifestyle.

Current Market Conditions in Lansing, IL

The real estate market in Lansing has seen a steady increase in demand over the past year, with homeowners and investors alike taking an interest in the suburban lifestyle. The rise in demand has driven home prices up, although they still remain relatively affordable compared to nearby Chicago. With new developments and ongoing interest from buyers, the market remains competitive.

Current trends show that single-family homes in Lansing are still popular due to the town's accessibility and family-oriented environment. As more individuals seek a balance between urban and suburban living, Lansing's housing market is expected to continue to grow.

Home Value Estimator For Lansing, IL

There are currently 11,048 real estate properties in Lansing, IL, with a median automated valuation model (AVM) price of $203,691.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lansing, 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 Lansing, IL, is $222,920.00, with the most expensive house in Lansing, IL, topping out at $11,829,836.00 and the cheapest home in Lansing, IL, clocking in at $10,083.00. In other words, there’s something for every potential homebuyer or savvy investor in Lansing, IL!

Rent Prices In Lansing, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lansing, IL, is on a rollercoaster ride. The average rent price in Lansing, IL, is $1,341.00. Indeed, when looking to rent in Lansing, IL, you can expect to pay as little as $750.00 or as much as $2,760.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Lansing, 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.

Lansing, IL 60438 Short Sale Listings

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