Loda, IL Foreclosures
How much do homes sell for in Loda, IL?
The average home price is currently $248,162.
In Loda, IL, how many homes are available?
There are currently 1 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 $2,307,052.
What is currently the cheapest priced home in Loda, IL?
The cheapest home for sale in Loda is priced at $10,113.
Living in Loda, IL
LODA is a cozy village in Illinois known for its friendly atmosphere and scenic surroundings. Ideal for those seeking a peaceful lifestyle, LODA provides essential amenities and access to nature. Its close community ties and rural charm make it a great place for families and retirees alike.
Current Market Conditions in Loda, IL
The real estate market in Loda, IL, is currently experiencing a gradual increase in home values, fueled by rising demand for affordable housing in rural areas. Homebuyers are showing interest in the serene lifestyle that Loda offers, making it a competitive market for both first-time buyers and investors.
This year, the market has shown trends toward value retention with properties typically appreciating due to low inventory levels. As more individuals prioritize working remotely, towns like Loda have become more attractive to those seeking larger spaces away from the urban centers.
Home Value Estimator For Loda, IL
There are currently 859 real estate properties
in Loda, IL,
with a median automated valuation model (AVM) price
of $229,721.00. 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 $248,162.00, with the most expensive house
in Loda, IL, topping out
at $2,307,052.00 and the cheapest home
in Loda, IL,
clocking in at $10,113.00. 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.
Learn more on Foreclosure homes
