Leonore, IL Foreclosures
How much do homes sell for in Leonore, IL?
The average home price is currently $104,243.
In Leonore, IL, how many homes are available?
There are currently 216 active home listings available in Leonore.
What’s the average rental cost in Leonore, IL?
The average rental price in Leonore is $878.
What is the most expensive home in Leonore?
The most expensive home sold in Leonore had a price of $209,227.
What is currently the cheapest priced home in Leonore, IL?
The cheapest home for sale in Leonore is priced at $26,150.
Living in Leonore, IL
Leonore, Illinois is a quaint rural community known for its friendly atmosphere and scenic landscapes. With nearby recreational areas and a strong community spirit, it offers an ideal setting for families and outdoor enthusiasts. Residents enjoy a slower pace of life while having access to essential amenities in nearby towns.
Current Market Conditions in Leonore, IL
The real estate market in Leonore is currently experiencing a steady demand for homes, driven by the area's affordability and its appeal to those seeking a quiet, rural lifestyle. Listings are moving quicker than average, indicating a healthy market where buyers are eager to settle down in this picturesque village.
Despite its small size, Leonore has seen gradual growth over the past year, with property values showing a modest increase as more individuals and families explore rural living options. Investors are taking note of the potential in Leonore, particularly with properties that offer land and space.
Home Value Estimator For Leonore, IL
There are currently 50 real estate properties
in Leonore, IL,
with a median automated valuation model (AVM) price
of $91,039.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Leonore, 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 Leonore, IL,
is $104,243.00, with the most expensive house
in Leonore, IL, topping out
at $209,227.00 and the cheapest home
in Leonore, IL,
clocking in at $26,150.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Leonore, IL!
Rent Prices
In Leonore, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Leonore, IL, is on
a rollercoaster ride. The
average rent price in Leonore, IL,
is $878.00. Indeed, when looking to rent in
Leonore, IL, you can expect to pay as little
as $680.00 or as much
as $1,120.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Leonore, 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.
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