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Loves Park, IL Foreclosures

How much do homes sell for in Loves Park, IL?
The average home price is currently $241,332.
In Loves Park, IL, how many homes are available?
There are currently 3 active home listings available in Loves Park.
What’s the average rental cost in Loves Park, IL?
The average rental price in Loves Park is $1,183.
What is the most expensive home in Loves Park?
The most expensive home sold in Loves Park had a price of $16,926,414.
What is currently the cheapest priced home in Loves Park, IL?
The cheapest home for sale in Loves Park is priced at $15,348.

Living in Loves Park, IL

Loves Park, IL, is a charming suburb of Rockford known for its friendly community atmosphere and access to outdoor recreational spaces, including parks and community centers. With a blend of residential neighborhoods and commercial areas, it offers a comfortable lifestyle for families and individuals alike. The area has a rich selection of local events and amenities, making it an attractive place to live.

Current Market Conditions in Loves Park, IL

The real estate market in Loves Park is currently experiencing a steadily increasing trend, with home prices rising over the last few months. This growth is attributed to an influx of families seeking affordable housing options while still remaining close to the city of Rockford. Homes in this area typically appreciate in value, making it an appealing choice for both buyers and investors alike.

More recently, there has been a shift towards buyers looking for properties that offer home office spaces and low-maintenance yards, as remote working continues to influence real estate decisions. Homes priced within the median range are moving quickly, while luxury properties are experiencing longer days on market.

Home Value Estimator For Loves Park, IL

There are currently 8,454 real estate properties in Loves Park, IL, with a median automated valuation model (AVM) price of $193,103.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Loves Park, 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 Loves Park, IL, is $241,332.00, with the most expensive house in Loves Park, IL, topping out at $16,926,414.00 and the cheapest home in Loves Park, IL, clocking in at $15,348.00. In other words, there’s something for every potential homebuyer or savvy investor in Loves Park, IL!

Rent Prices In Loves Park, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Loves Park, IL, is on a rollercoaster ride. The average rent price in Loves Park, IL, is $1,183.00. Indeed, when looking to rent in Loves Park, IL, you can expect to pay as little as $580.00 or as much as $2,600.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Loves Park, 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.

Loves Park, IL Search Results


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