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Foreclosure Homes in Leland, IL 60531

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Leland, IL Foreclosures

How much do homes sell for in Leland, IL?
The average home price is currently $298,476.
In Leland, IL, how many homes are available?
There are currently 4 active home listings available in Leland.
What’s the average rental cost in Leland, IL?
The average rental price in Leland is $1,237.
What is the most expensive home in Leland?
The most expensive home sold in Leland had a price of $3,074,083.
What is currently the cheapest priced home in Leland, IL?
The cheapest home for sale in Leland is priced at $11,884.

Living in Leland, IL

Situated in LaSalle County, Leland, IL, is a quaint village that embodies the essence of small-town living. With its welcoming community, excellent schools, and access to beautiful outdoor spaces, Leland is perfect for families and individuals seeking a tranquil environment. The area's rich agricultural surroundings offer a picturesque setting for its residents.

Current Market Conditions in Leland, IL

The real estate market in Leland remains stable, with property values maintaining a modest growth trend. Buyers who are interested in single-family homes will find reasonable options available, reflecting the community's appeal as a safe place to live.

Recently, there has been an increase in new home constructions, indicating that developers recognize the growing demand in this area. The market shows a potential growth trajectory as more families seek the peaceful lifestyle that Leland provides.

Home Value Estimator For Leland, IL

There are currently 578 real estate properties in Leland, IL, with a median automated valuation model (AVM) price of $244,133.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Leland, 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 Leland, IL, is $298,476.00, with the most expensive house in Leland, IL, topping out at $3,074,083.00 and the cheapest home in Leland, IL, clocking in at $11,884.00. In other words, there’s something for every potential homebuyer or savvy investor in Leland, IL!

Rent Prices In Leland, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Leland, IL, is on a rollercoaster ride. The average rent price in Leland, IL, is $1,237.00. Indeed, when looking to rent in Leland, IL, you can expect to pay as little as $790.00 or as much as $2,460.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Leland, 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.

Leland, IL 60531 Foreclosures

Market Trend for Leland, IL

Total Listings Available: 4

Market Values:

Home Prices from $11,884 to $3,074,083

Average Sales Price: $298,476

Rental Values:

Rental from $790 to $2,460

Average Rent Value: $1,237 / month

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