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Condo Foreclosures in Litchfield, IL 62056

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Litchfield, IL Foreclosures

Current Market Conditions in in Litchfield, IL As of February 2026?
Over the past month, Litchfield's real estate market has seen a slight uptick in interest, as more buyers are drawn to the three-month supply of homes available. This change has resulted in a stabilization of prices, with many homes now attracting multiple offers due to limited options in the current inventory.
How much do homes sell for in Litchfield, IL?
The average home price is currently $180,924.
What’s the average rental cost in Litchfield, IL?
The average rental price in Litchfield is $1,007.
What is the most expensive home in Litchfield?
The most expensive home sold in Litchfield had a price of $15,908,535.
What is currently the cheapest priced home in Litchfield, IL?
The cheapest home for sale in Litchfield is priced at $5,821.

Living in Litchfield, IL

Litchfield, IL, is a quaint, welcoming community known for its beautiful parks and friendly atmosphere. With a rich history and local businesses, Litchfield combines small-town charm with modern amenities, making it an ideal place to call home.

Buyer vs Seller Market in Litchfield, IL

The real estate market in Litchfield showcases a stable environment with modest growth, driven by demand for affordable homes. Properties are relatively affordable, making it appealing to first-time buyers and those seeking a quieter lifestyle.

Home Value Estimator For Litchfield, IL

There are currently 3,779 real estate properties in Litchfield, IL, with a median automated valuation model (AVM) price of $112,978.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Litchfield, 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 Litchfield, IL, is $180,924.00, with the most expensive house in Litchfield, IL, topping out at $15,908,535.00 and the cheapest home in Litchfield, IL, clocking in at $5,821.00. In other words, there’s something for every potential homebuyer or savvy investor in Litchfield, IL!

Rent Prices In Litchfield, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Litchfield, IL, is on a rollercoaster ride. The average rent price in Litchfield, IL, is $1,007.00. Indeed, when looking to rent in Litchfield, IL, you can expect to pay as little as $450.00 or as much as $2,400.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Litchfield, 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.

Litchfield, IL 62056 Condos

Market Trend for Litchfield, IL

Total Listings Available: 0

Market Values:

Home Prices from $5,821 to $15,908,535

Average Sales Price: $180,924

Rental Values:

Rental from $450 to $2,400

Average Rent Value: $1,007 / month

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