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Foreclosure Homes in Makanda, IL

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Makanda, IL Foreclosures

How much do homes sell for in Makanda, IL?
The average home price is currently $215,398.
In Makanda, IL, how many homes are available?
There are currently 1 active home listings available in Makanda.
What’s the average rental cost in Makanda, IL?
The average rental price in Makanda is $1,302.
What is the most expensive home in Makanda?
The most expensive home sold in Makanda had a price of $1,458,034.
What is currently the cheapest priced home in Makanda, IL?
The cheapest home for sale in Makanda is priced at $13,504.

Living in Makanda, IL

Makanda, IL offers a serene lifestyle surrounded by natural beauty. With easy access to Shawnee National Forest and local amenities, it's an ideal place for families and investors. The community is welcoming, with numerous community events enhancing the local culture.

Current Market Conditions in Makanda, IL

The real estate market in Makanda currently shows a steady demand for homes, particularly among those looking to enjoy life in a close-knit community. Prices vary based on size and proximity to attractions, making it competitive for both buyers and investors.

There is potential for growth in the area as more people seek to escape urban living for the allure of rural life. With its scenic views and recreational options, interest in properties is likely to increase, indicating a growing market for real estate investment.

Home Value Estimator For Makanda, IL

There are currently 830 real estate properties in Makanda, IL, with a median automated valuation model (AVM) price of $182,233.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Makanda, 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 Makanda, IL, is $215,398.00, with the most expensive house in Makanda, IL, topping out at $1,458,034.00 and the cheapest home in Makanda, IL, clocking in at $13,504.00. In other words, there’s something for every potential homebuyer or savvy investor in Makanda, IL!

Rent Prices In Makanda, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Makanda, IL, is on a rollercoaster ride. The average rent price in Makanda, IL, is $1,302.00. Indeed, when looking to rent in Makanda, IL, you can expect to pay as little as $590.00 or as much as $2,340.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Makanda, 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.

Makanda, IL Foreclosures


Market Trend for Makanda, IL

Total Listings Available: 1

Market Values:

Home Prices from $13,504 to $1,458,034

Average Sales Price: $215,398

Rental Values:

Rental from $590 to $2,340

Average Rent Value: $1,302 / month

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