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Foreclosures in Latham, IL 62543

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Latham, IL Foreclosures

Current Market Conditions in in Latham, IL As of April 2026?
Over the past month, Latham has seen a slight uptick in home sales, signaling a healthy interest in the local market. Competition among buyers is increasing, which may lead to rising prices if the trend continues. Open houses have reported higher attendance, suggesting that potential buyers are eager to explore available listings. The average days on market have decreased, reflecting a faster turnover for homes.
How much do homes sell for in Latham, IL?
The average home price is currently $160,032.
What’s the average rental cost in Latham, IL?
The average rental price in Latham is $1,065.
What is the most expensive home in Latham?
The most expensive home sold in Latham had a price of $1,494,068.
What is currently the cheapest priced home in Latham, IL?
The cheapest home for sale in Latham is priced at $14,128.

Living in Latham, IL

Latham, IL is a charming village that offers a serene rural atmosphere with a close-knit community. The village is perfect for those who enjoy outdoor activities and a slower pace of life, while still being near larger towns for shopping and entertainment. Its blend of nature and community makes it an appealing destination for families and individuals alike.

Buyer vs Seller Market in Latham, IL

The real estate market in Latham is currently experiencing steady growth, with prices remaining relatively stable over the last few months. The demand for homes is increasing, leading to a competitive market where buyers may need to act quickly to secure properties.

Investors are taking notice of Latham's potential, as the village's affordability compared to nearby cities attracts first-time homebuyers and families. The trend shows signs of positive growth, making it a desirable location for real estate investment.

Home Value Estimator For Latham, IL

There are currently 225 real estate properties in Latham, IL, with a median automated valuation model (AVM) price of $121,844.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Latham, 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 Latham, IL, is $160,032.00, with the most expensive house in Latham, IL, topping out at $1,494,068.00 and the cheapest home in Latham, IL, clocking in at $14,128.00. In other words, there’s something for every potential homebuyer or savvy investor in Latham, IL!

Rent Prices In Latham, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Latham, IL, is on a rollercoaster ride. The average rent price in Latham, IL, is $1,065.00. Indeed, when looking to rent in Latham, IL, you can expect to pay as little as $580.00 or as much as $2,120.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Latham, 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.

Latham, IL 62543 Foreclosures

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