Loda, IL Foreclosures
How much do homes sell for in Loda, IL?
The average home price is currently $239,635.
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 $2,326,178.
What is currently the cheapest priced home in Loda, IL?
The cheapest home for sale in Loda is priced at $19,561.
Living in Loda, IL
LODA, IL is a charming village that offers a peaceful rural lifestyle away from the hustle and bustle of urban life. Known for its friendly community and beautiful landscapes, it provides essential local services and recreational opportunities. With easy access to larger cities, LODA combines the best of both worlds.
Current Market Conditions in Loda, IL
The real estate market in LODA is currently stable, seeing a steady demand for both residential homes and rental properties. The village appeals to families and retirees alike, leading to consistent sales activity. Potential buyers are exploring various properties, from cozy cottages to larger family homes, making LODA an attractive option for real estate investment.
The area has witnessed minor fluctuations in prices but remains affordable compared to urban areas. As more people seek refuge in smaller towns, LODA's market conditions are likely to improve, potentially increasing property values in the near future.
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 $226,120.00. 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 $239,635.00, with the most expensive house
in Loda, IL, topping out
at $2,326,178.00 and the cheapest home
in Loda, IL,
clocking in at $19,561.00. 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
