Foreclosure Homes in Mansfield, IL

Current Market Conditions in Mansfield, IL

The real estate market in Mansfield, IL is characterized by a stable environment with a mix of affordable homes and some moderate-priced properties available. The demand is steady as more people seek out smaller towns for a quieter lifestyle away from urban centers. Homes often sell at a reasonable pace, especially those that are well-kept and updated.

Investors may find opportunities here due to the relatively low home prices and steady rental market. The appeal of smaller living spaces amid growing remote work trends aligns with what potential buyers are seeking today.

Rent Prices In Mansfield, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mansfield, IL, is on a rollercoaster ride. The average rent price in Mansfield, IL, is $1,361.00. Indeed, when looking to rent in Mansfield, IL, you can expect to pay as little as $660.00 or as much as $2,720.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Mansfield, 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.