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City-owned Homes And Land in Manito, IL

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Manito, IL Foreclosures

How much do homes sell for in Manito, IL?
The average home price is currently $155,704.
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 $1,273,534.
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, IL, offers a serene rural lifestyle with a close-knit community atmosphere. Its charming local amenities and access to outdoor recreational activities make it an appealing place for families and individuals. The village's proximity to larger cities enables residents to enjoy both tranquility and urban conveniences.

Current Market Conditions in Manito, IL

The real estate market in Manito is currently witnessing moderate demand, with a stable supply of homes available for sale. Buyers are attracted to the affordability and charm of the village, and homes typically sell within a reasonable timeframe due to the limited inventory.

Prices for homes in Manito have shown a steady increase, indicative of a strengthening market as more families and individuals look to settle in this peaceful environment. Interest from first-time homebuyers is notable, which bolsters the local real estate landscape.

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 $134,967.00. 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 $155,704.00, with the most expensive house in Manito, IL, topping out at $1,273,534.00 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 City-owned Homes And Land

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