Logan, IL Foreclosures
How much do homes sell for in Logan, IL?
The average home price is currently $71,609.
In Logan, IL, how many homes are available?
There are currently 81 active home listings available in Logan.
What’s the average rental cost in Logan, IL?
The average rental price in Logan is $1,071.
What is the most expensive home in Logan?
The most expensive home sold in Logan had a price of $351,303.
What is currently the cheapest priced home in Logan, IL?
The cheapest home for sale in Logan is priced at $11,412.
Living in Logan, IL
Logan, Illinois, is a picturesque small town characterized by its community spirit and tranquil environment. The area showcases beautiful parks and recreational opportunities, making it ideal for outdoor enthusiasts and families alike. Residents here enjoy a tight-knit community with local shops and schools, contributing to a peaceful and engaging lifestyle.
Current Market Conditions in Logan, IL
Logan's real estate market is gaining appeal due to its affordability compared to larger urban areas nearby. The demand for homes in the area continues to grow as people seek a quieter lifestyle without sacrificing convenience. Properties in Logan are typically in high demand, and sales have become competitive as buyers recognize the value of the community's offerings.
Currently, houses are on the rise in terms of value, with many listings receiving multiple offers within days of hitting the market. An increase in new constructions and renovations has marked a transformative period for Logan's neighborhoods, keeping the momentum of market growth alive.
Home Value Estimator For Logan, IL
There are currently 80 real estate properties
in Logan, IL,
with a median automated valuation model (AVM) price
of $52,293.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Logan, 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 Logan, IL,
is $71,609.00, with the most expensive house
in Logan, IL, topping out
at $351,303.00 and the cheapest home
in Logan, IL,
clocking in at $11,412.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Logan, IL!
Rent Prices
In Logan, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Logan, IL, is on
a rollercoaster ride. The
average rent price in Logan, IL,
is $1,071.00. Indeed, when looking to rent in
Logan, IL, you can expect to pay as little
as $940.00 or as much
as $1,950.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Logan, 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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