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Foreclosure Homes in Manteno, IL 60950

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Manteno, IL Foreclosures

How much do homes sell for in Manteno, IL?
The average home price is currently $389,429.
In Manteno, IL, how many homes are available?
There are currently 76 active home listings available in Manteno.
What’s the average rental cost in Manteno, IL?
The average rental price in Manteno is $1,593.
What is the most expensive home in Manteno?
The most expensive home sold in Manteno had a price of $160,990,448.
What is currently the cheapest priced home in Manteno, IL?
The cheapest home for sale in Manteno is priced at $17,296.

Living in Manteno, IL

Manteno, IL, is a picturesque village known for its community spirit and rich history. With a variety of parks, locally-owned shops, and family-friendly events, Manteno provides a perfect blend of suburban life and outdoor recreation. Excellent schooling options and a strategic location near highways make it an ideal place for families and commuters alike.

Current Market Conditions in Manteno, IL

The Manteno real estate market has shown steady growth, with an average increase in home prices over the last year, making it an attractive option for both buyers and investors. The village's appeal lies in its affordability compared to nearby urban areas, attracting new residents looking for value without sacrificing convenience.

Currently, homes in Manteno are selling faster due to increased interest from first-time homebuyers and families relocating from Chicago. The limited inventory has created a competitive market, leading to multiple offers on desirable properties.

Home Value Estimator For Manteno, IL

There are currently 3,372 real estate properties in Manteno, IL, with a median automated valuation model (AVM) price of $311,891.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Manteno, 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 Manteno, IL, is $389,429.00, with the most expensive house in Manteno, IL, topping out at $160,990,448.00 and the cheapest home in Manteno, IL, clocking in at $17,296.00. In other words, there’s something for every potential homebuyer or savvy investor in Manteno, IL!

Rent Prices In Manteno, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manteno, IL, is on a rollercoaster ride. The average rent price in Manteno, IL, is $1,593.00. Indeed, when looking to rent in Manteno, IL, you can expect to pay as little as $780.00 or as much as $3,260.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Manteno, 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.

Manteno, IL 60950 Foreclosures


Market Trend for Manteno, IL

Total Listings Available: 76

Market Values:

Home Prices from $17,296 to $160,990,448

Average Sales Price: $389,429

Rental Values:

Rental from $780 to $3,260

Average Rent Value: $1,593 / month

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