Malden, IL Foreclosures
How much do homes sell for in Malden, IL?
The average home price is currently $120,852.
In Malden, IL, how many homes are available?
There are currently 34 active home listings available in Malden.
What’s the average rental cost in Malden, IL?
The average rental price in Malden is $874.
What is the most expensive home in Malden?
The most expensive home sold in Malden had a price of $424,023.
What is currently the cheapest priced home in Malden, IL?
The cheapest home for sale in Malden is priced at $13,901.
Living in Malden, IL
Malden, IL is a quaint and peaceful community that offers the charm of small-town living with a welcoming atmosphere. With its proximity to nature and outdoor activities, along with affordable housing options, it is an ideal place for families and individuals alike. The strong sense of community and access to essential services further enhance its attractiveness for potential residents.
Current Market Conditions in Malden, IL
The real estate market in Malden has shown signs of stability, with moderate growth in property values over the past few years. The community continues to attract homebuyers looking for affordable housing options away from urban centers. Many homes are priced competitively, appealing to first-time buyers and families alike. There has been a slight uptick in new listings, indicating a cautious optimism in the market as more residents explore the advantages of small-town living.
Investors may find Malden to be a viable option for purchasing rental properties, as demand for accessible housing in quieter settings rises. As remote work remains prevalent, areas like Malden are becoming increasingly attractive to those looking to escape the congestion of larger cities.
Home Value Estimator For Malden, IL
There are currently 167 real estate properties
in Malden, IL,
with a median automated valuation model (AVM) price
of $111,964.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Malden, 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 Malden, IL,
is $120,852.00, with the most expensive house
in Malden, IL, topping out
at $424,023.00 and the cheapest home
in Malden, IL,
clocking in at $13,901.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Malden, IL!
Rent Prices
In Malden, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Malden, IL, is on
a rollercoaster ride. The
average rent price in Malden, IL,
is $874.00. Indeed, when looking to rent in
Malden, IL, you can expect to pay as little
as $580.00 or as much
as $1,230.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Malden, 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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