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Foreclosure Homes in Manito, IL 61546

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Manito, IL Foreclosures

How much do homes sell for in Manito, IL?
The average home price is currently $152,984.
In Manito, IL, how many homes are available?
There are currently 11 active home listings available in Manito.
What’s the average rental cost in Manito, IL?
The average rental price in Manito is $1,091.
What is the most expensive home in Manito?
The most expensive home sold in Manito had a price of $1,277,565.
What is currently the cheapest priced home in Manito, IL?
The cheapest home for sale in Manito is priced at $9,261.

Living in Manito, IL

Manito is a charming small town situated in Mason County, Illinois, offering a blend of rural living and community spirit. The town is characterized by its peaceful atmosphere, friendly residents, and access to outdoor recreational activities. With its close-knit community and local amenities, Manito is an appealing place for families and individuals seeking a quieter lifestyle.

Current Market Conditions in Manito, IL

Manito's real estate market has shown stability over the past several months, with home prices remaining relatively consistent. The demand for properties remains steady, drawing attention from families looking for affordable housing options in a tranquil setting. Recent trends indicate a modest increase in home values, reflecting the high desirability of small-town living amid broader economic factors.

With a mix of older homes and new constructions, buyers are presented with a range of options to suit their needs. The market is characterized by friendly sellers, making it an opportune time for buyers to invest in this growing community.

Home Value Estimator For Manito, IL

There are currently 1,886 real estate properties in Manito, IL, with a median automated valuation model (AVM) price of $134,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Manito, 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 Manito, IL, is $152,984.00, with the most expensive house in Manito, IL, topping out at $1,277,565.00 and the cheapest home in Manito, IL, clocking in at $9,261.00. In other words, there’s something for every potential homebuyer or savvy investor in Manito, IL!

Rent Prices In Manito, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manito, IL, is on a rollercoaster ride. The average rent price in Manito, IL, is $1,091.00. Indeed, when looking to rent in Manito, IL, you can expect to pay as little as $540.00 or as much as $2,530.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Manito, 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.

Manito, IL 61546 Foreclosures


Market Trend for Manito, IL

Total Listings Available: 11

Market Values:

Home Prices from $9,261 to $1,277,565

Average Sales Price: $152,984

Rental Values:

Rental from $540 to $2,530

Average Rent Value: $1,091 / month

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