Ludlow, IL Foreclosures
How much do homes sell for in Ludlow, IL?
The average home price is currently $151,955.
In Ludlow, IL, how many homes are available?
There are currently 37 active home listings available in Ludlow.
What’s the average rental cost in Ludlow, IL?
The average rental price in Ludlow is $1,155.
What is the most expensive home in Ludlow?
The most expensive home sold in Ludlow had a price of $629,845.
What is currently the cheapest priced home in Ludlow, IL?
The cheapest home for sale in Ludlow is priced at $10,037.
Living in Ludlow, IL
Ludlow, Illinois is a serene village that offers a relaxed lifestyle amidst beautiful rural landscapes. This charming community, located in Champaign County, provides easy access to outdoor activities, local events, and a close-knit atmosphere. With its affordable housing options and proximity to larger cities, Ludlow is a great place for families and individuals seeking tranquility.
Current Market Conditions in Ludlow, IL
The real estate market in Ludlow is currently thriving with a steady demand for homes due to its attractive living conditions and affordability. Many buyers are drawn to the village for its charm and sense of community, leading to an increase in home sales over the past few months.
In Ludlow, housing prices have seen a moderate increase, reflecting an overall upward trend in the central Illinois market. As more people seek homes away from urban areas, this trend is expected to continue, making investment in Ludlow appealing for buyers and investors alike.
Home Value Estimator For Ludlow, IL
There are currently 221 real estate properties
in Ludlow, IL,
with a median automated valuation model (AVM) price
of $114,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ludlow, 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 Ludlow, IL,
is $151,955.00, with the most expensive house
in Ludlow, IL, topping out
at $629,845.00 and the cheapest home
in Ludlow, IL,
clocking in at $10,037.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ludlow, IL!
Rent Prices
In Ludlow, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ludlow, IL, is on
a rollercoaster ride. The
average rent price in Ludlow, IL,
is $1,155.00. Indeed, when looking to rent in
Ludlow, IL, you can expect to pay as little
as $620.00 or as much
as $2,620.00,
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 Ludlow, 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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