Foreclosures in Latham, IL

Current Market Conditions in Latham, IL

The current real estate market in Latham, IL is characterized by a stable demand for housing, with values showing a gradual increase over the past year. Properties in the area are often sought after due to the community's serene environment and accessibility to urban centers nearby. Home sales have been steady, indicating a healthy market with a mixture of family homes and smaller properties.

Local trends suggest that more individuals are considering Latham for relocation, particularly those looking to escape the hustle of larger cities. The village's appeal lies in its affordability relative to neighboring urban areas, which is attracting young families and retirees alike.

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.