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Foreclosure Homes in Loda, IL

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Loda, IL Foreclosures

How much do homes sell for in Loda, IL?
The average home price is currently $244,017.
In Loda, IL, how many homes are available?
There are currently 2 active home listings available in Loda.
What’s the average rental cost in Loda, IL?
The average rental price in Loda is $1,746.
What is the most expensive home in Loda?
The most expensive home sold in Loda had a price of $2,305,973.
What is currently the cheapest priced home in Loda, IL?
The cheapest home for sale in Loda is priced at $19,421.

Living in Loda, IL

LODA, Illinois is a quaint rural town surrounded by beautiful landscapes and a welcoming community. With its small-town charm, LODA offers a peaceful lifestyle complemented by local amenities and proximity to larger cities. Ideal for families and those seeking a slower pace, LODA is a hidden gem in Iroquois County.

Current Market Conditions in Loda, IL

The real estate market in LODA has shown a steady interest from homebuyers looking for affordable housing options. The average home price is lower than the national average, making it an attractive place for first-time buyers and investors. The town's quiet ambiance paired with a welcoming community contributes to a stable market which remains resilient despite economic fluctuations.

Home Value Estimator For Loda, IL

There are currently 786 real estate properties in Loda, IL, with a median automated valuation model (AVM) price of $228,765.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Loda, 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 Loda, IL, is $244,017.00, with the most expensive house in Loda, IL, topping out at $2,305,973.00 and the cheapest home in Loda, IL, clocking in at $19,421.00. In other words, there’s something for every potential homebuyer or savvy investor in Loda, IL!

Rent Prices In Loda, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Loda, IL, is on a rollercoaster ride. The average rent price in Loda, IL, is $1,746.00. Indeed, when looking to rent in Loda, IL, you can expect to pay as little as $860.00 or as much as $3,070.00, with the average rent median estimated to be $1,670.00. The good news is that finding an affordable and desirable property to rent in Loda, 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.

Loda, IL Foreclosures

Market Trend for Loda, IL

Total Listings Available: 2

Market Values:

Home Prices from $19,421 to $2,305,973

Average Sales Price: $244,017

Rental Values:

Rental from $860 to $3,070

Average Rent Value: $1,746 / month

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