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Foreclosure Homes in Lee, IL 60530

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Lee, IL Foreclosures

How much do homes sell for in Lee, IL?
The average home price is currently $248,228.
In Lee, IL, how many homes are available?
There are currently 1 active home listings available in Lee.
What’s the average rental cost in Lee, IL?
The average rental price in Lee is $1,340.
What is the most expensive home in Lee?
The most expensive home sold in Lee had a price of $1,302,394.
What is currently the cheapest priced home in Lee, IL?
The cheapest home for sale in Lee is priced at $16,481.

Living in Lee, IL

Lee, Illinois, is a quaint village that boasts a friendly community atmosphere and scenic landscapes. With its excellent schools, local parks, and a variety of community events, it offers a perfect blend of rural charm and convenience. Residents can enjoy outdoor activities while being just a short drive from larger town amenities.

Current Market Conditions in Lee, IL

The real estate market in Lee remains stable, with modest growth observed over the past year. Home prices are generally affordable, making it attractive for first-time buyers and families looking to settle in a safe environment.

Current trends indicate a slight increase in demand due to the region's quality of life and the appeal of small-town living, which has attracted remote workers seeking a quieter lifestyle.

Home Value Estimator For Lee, IL

There are currently 215 real estate properties in Lee, IL, with a median automated valuation model (AVM) price of $184,204.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lee, 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 Lee, IL, is $248,228.00, with the most expensive house in Lee, IL, topping out at $1,302,394.00 and the cheapest home in Lee, IL, clocking in at $16,481.00. In other words, there’s something for every potential homebuyer or savvy investor in Lee, IL!

Rent Prices In Lee, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lee, IL, is on a rollercoaster ride. The average rent price in Lee, IL, is $1,340.00. Indeed, when looking to rent in Lee, IL, you can expect to pay as little as $730.00 or as much as $2,490.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Lee, 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.

Lee, IL 60530 Foreclosures

Market Trend for Lee, IL

Total Listings Available: 1

Market Values:

Home Prices from $16,481 to $1,302,394

Average Sales Price: $248,228

Rental Values:

Rental from $730 to $2,490

Average Rent Value: $1,340 / month

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