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Short Sale Listings in Lenzburg, IL

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Lenzburg, IL Foreclosures

How much do homes sell for in Lenzburg, IL?
The average home price is currently $178,811.
In Lenzburg, IL, how many homes are available?
There are currently 5,836 active home listings available in Lenzburg.
What’s the average rental cost in Lenzburg, IL?
The average rental price in Lenzburg is $925.
What is the most expensive home in Lenzburg?
The most expensive home sold in Lenzburg had a price of $1,080,646.
What is currently the cheapest priced home in Lenzburg, IL?
The cheapest home for sale in Lenzburg is priced at $13,425.

Living in Lenzburg, IL

Lenzburg, IL is a charming small village offering a peaceful retreat from urban life. With a strong sense of community and easy access to nearby cities, it provides the best of both worlds for residents. The town features local amenities, parks, and a welcoming atmosphere, making it an ideal place for families and individuals seeking tranquility.

Current Market Conditions in Lenzburg, IL

Lenzburg's real estate market has remained stable with a modest increase in home prices over the past few months. Demand for homes has been consistent, primarily driven by families looking to live in quieter, suburban settings while still having access to urban conveniences. The overall market trend shows a steady rise in home values as more potential buyers are attracted to the community's charm.

Currently, the average days on the market for homes in Lenzburg is around 45 days, indicating a seller's market. This high interest is coupled with a limited supply of homes, leading to competitive offers on desirable properties.

Home Value Estimator For Lenzburg, IL

There are currently 524 real estate properties in Lenzburg, IL, with a median automated valuation model (AVM) price of $125,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lenzburg, 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 Lenzburg, IL, is $178,811.00, with the most expensive house in Lenzburg, IL, topping out at $1,080,646.00 and the cheapest home in Lenzburg, IL, clocking in at $13,425.00. In other words, there’s something for every potential homebuyer or savvy investor in Lenzburg, IL!

Rent Prices In Lenzburg, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lenzburg, IL, is on a rollercoaster ride. The average rent price in Lenzburg, IL, is $925.00. Indeed, when looking to rent in Lenzburg, IL, you can expect to pay as little as $560.00 or as much as $1,880.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Lenzburg, 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.

Lenzburg, IL Short Sale Listings

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