Ludlow, IL Foreclosures
How much do homes sell for in Ludlow, IL?
The average home price is currently $150,951.
In Ludlow, IL, how many homes are available?
There are currently 11 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 $675,389.
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, IL is a quaint village known for its friendly atmosphere and commitment to community. Offering a blend of countryside charm and easy access to urban amenities, it's perfect for families and those seeking a serene lifestyle. With outdoor activities and accessible educational institutions, Ludlow represents an ideal small-town experience.
Current Market Conditions in Ludlow, IL
The real estate market in Ludlow, IL, has remained stable with moderate growth over recent years. The village, while small, has seen a gentle influx of families seeking affordable housing in a close-knit community, making it a desirable location for first-time homebuyers.
Recent trends indicate increasing interest in Ludlow, particularly from those commuting to nearby larger cities. The affordability of homes compared to neighboring towns contributes to this rising demand, making it an attractive spot for potential investors.
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 $116,835.00. 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 $150,951.00, with the most expensive house
in Ludlow, IL, topping out
at $675,389.00 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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