Lawndale, IL Foreclosures
How much do homes sell for in Lawndale, IL?
The average home price is currently $91,214.
In Lawndale, IL, how many homes are available?
There are currently 37 active home listings available in Lawndale.
What’s the average rental cost in Lawndale, IL?
The average rental price in Lawndale is $1,019.
What is the most expensive home in Lawndale?
The most expensive home sold in Lawndale had a price of $175,444.
What is currently the cheapest priced home in Lawndale, IL?
The cheapest home for sale in Lawndale is priced at $30,133.
Living in Lawndale, IL
Lawndale, IL, is a dynamic neighborhood in Chicago known for its rich cultural diversity and community spirit. It offers ample parks and local businesses that cater to residents' needs, providing a mix of urban and suburban living. Transportation options and educational institutions further enrich the lifestyle of those in Lawndale.
Current Market Conditions in Lawndale, IL
The real estate market in Lawndale has shown steady growth, driven by ongoing investments in local infrastructure and community development. Buyers are increasingly attracted to the neighborhood for its affordability compared to other parts of Chicago, making it a viable option for first-time homeowners and investors seeking rental opportunities.
With rising interest rates affecting purchasing power, the market has been competitive but still accessible. Homes in Lawndale generally maintain their value and appreciate over time, reflecting the neighborhood’s evolving appeal.
Home Value Estimator For Lawndale, IL
There are currently 50 real estate properties
in Lawndale, IL,
with a median automated valuation model (AVM) price
of $82,911.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lawndale, 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 Lawndale, IL,
is $91,214.00, with the most expensive house
in Lawndale, IL, topping out
at $175,444.00 and the cheapest home
in Lawndale, IL,
clocking in at $30,133.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lawndale, IL!
Rent Prices
In Lawndale, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lawndale, IL, is on
a rollercoaster ride. The
average rent price in Lawndale, IL,
is $1,019.00. Indeed, when looking to rent in
Lawndale, IL, you can expect to pay as little
as $660.00 or as much
as $1,320.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Lawndale, 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.
Learn more on Foreclosure homes
