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Foreclosure Homes in Manteno, IL 60950

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Manteno, IL Foreclosures

Current Market Conditions in in Manteno, IL As of February 2026?
Over the past month, Manteno's real estate market has experienced heightened activity, with several new listings attracting considerable interest. Properties are selling faster than average, suggesting a trend of increasing demand, possibly due to the upcoming seasonal change. Increased buyer engagement signifies a positive shift in the market, while sellers are taking advantage of favorable conditions to list their homes, often receiving offers above asking price.
How much do homes sell for in Manteno, IL?
The average home price is currently $403,657.
In Manteno, IL, how many homes are available?
There are currently 75 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 $157,678,304.
What is currently the cheapest priced home in Manteno, IL?
The cheapest home for sale in Manteno is priced at $16,940.

Living in Manteno, IL

Manteno, IL, is a vibrant village in Kankakee County that combines small-town charm with modern amenities. Residents benefit from a safe environment, excellent schools, and a strong sense of community. Conveniently located with access to major highways, it's an ideal location for families and commuters alike.

Buyer vs Seller Market in Manteno, IL

The real estate market in Manteno has shown steady growth over the past year, with an increase in home sales and competitive pricing. With its appealing qualities, more buyers are showing interest in this village leading to a vibrant market.

Current market trends indicate a low inventory of single-family homes, resulting in multiple-offer situations for many listings. This has caused the average time on the market to decrease, making it a seller's market.

Home Value Estimator For Manteno, IL

There are currently 3,451 real estate properties in Manteno, IL, with a median automated valuation model (AVM) price of $303,588.00. 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 $403,657.00, with the most expensive house in Manteno, IL, topping out at $157,678,304.00 and the cheapest home in Manteno, IL, clocking in at $16,940.00. 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: 75

Market Values:

Home Prices from $16,940 to $157,678,304

Average Sales Price: $403,657

Rental Values:

Rental from $780 to $3,260

Average Rent Value: $1,593 / month

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