Makanda, IL Foreclosures
Current Market Conditions in in Makanda, IL As of February 2026?
Over the past month, the Makanda real estate market has seen a slight increase in home prices, driven by heightened interest in rural properties. Sellers are receiving multiple offers thanks to low inventory levels, leading to quicker sales. Additionally, buyer engagement remains strong, which is encouraging for sellers looking to enter the market.
How much do homes sell for in Makanda, IL?
The average home price is currently $223,458.
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 $1,303.
What is the most expensive home in Makanda?
The most expensive home sold in Makanda had a price of $2,018,035.
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, is a charming village nestled in the lush landscapes of the Shawnee National Forest. It offers a peaceful, family-friendly environment with a focus on community and outdoor activities. Residents enjoy a mix of local culture, art, and recreational opportunities, making it an ideal place to live for nature lovers.
Buyer vs Seller Market in Makanda, IL
The real estate market in Makanda currently showcases a mix of affordable housing options and a few higher-end properties, making it appealing to a diverse range of buyers. The small-town charm paired with its proximity to recreational amenities creates an attractive package for those looking to invest in the area.
Historically, homes in Makanda have retained their value, with a steady demand due to the scenic surroundings and strong community ties. The trend of increasing interest in rural living, especially post-pandemic, has further pushed home prices upwards, though they still remain attainable compared to larger nearby cities.
Home Value Estimator For Makanda, IL
There are currently 953 real estate properties
in Makanda, IL,
with a median automated valuation model (AVM) price
of $184,270.00. 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 $223,458.00, with the most expensive house
in Makanda, IL, topping out
at $2,018,035.00 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 $1,303.00. 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.
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