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Rent To Own Homes in Lyons, IL

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Lyons, IL Foreclosures

How much do homes sell for in Lyons, IL?
The average home price is currently $295,925.
In Lyons, IL, how many homes are available?
There are currently 25 active home listings available in Lyons.
What’s the average rental cost in Lyons, IL?
The average rental price in Lyons is $1,676.
What is the most expensive home in Lyons?
The most expensive home sold in Lyons had a price of $45,757,412.
What is currently the cheapest priced home in Lyons, IL?
The cheapest home for sale in Lyons is priced at $26,900.

Living in Lyons, IL

Lyons, Illinois, is a quaint suburban community located just a short drive from downtown Chicago. Known for its rich history and family-friendly atmosphere, Lyons features a mix of older homes and modern developments. Residents enjoy a variety of parks, local businesses, and access to essential services, making it an appealing choice for families and professionals alike.

Current Market Conditions in Lyons, IL

Currently, the real estate market in Lyons is experiencing steady growth, with an increasing demand for homes. The median home price has seen a gradual increase due to the town's appealing location and quality of life. Additionally, new residential developments are gaining traction, attracting both first-time buyers and investors alike.

As the area continues to evolve, there has been a notable influx of young families and professionals drawn to the affordability compared to neighboring suburbs. This shift is contributing to a competitive real estate environment, characterized by a relatively low inventory of homes available for sale.

Home Value Estimator For Lyons, IL

There are currently 3,677 real estate properties in Lyons, IL, with a median automated valuation model (AVM) price of $272,011.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lyons, 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 Lyons, IL, is $295,925.00, with the most expensive house in Lyons, IL, topping out at $45,757,412.00 and the cheapest home in Lyons, IL, clocking in at $26,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Lyons, IL!

Rent Prices In Lyons, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lyons, IL, is on a rollercoaster ride. The average rent price in Lyons, IL, is $1,676.00. Indeed, when looking to rent in Lyons, IL, you can expect to pay as little as $800.00 or as much as $2,960.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Lyons, 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.

Lyons, IL Rent To Own Homes


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