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Preforeclosure 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 $387,504.
In Manteno, IL, how many homes are available?
There are currently 11 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 $158,164,336.
What is currently the cheapest priced home in Manteno, IL?
The cheapest home for sale in Manteno is priced at $17,018.

Living in Manteno, IL

Manteno, IL is a peaceful village that offers a perfect blend of small-town charm and accessibility to larger urban areas. With a strong sense of community, excellent schools, and various parks and recreational activities, it is an excellent choice for families and those seeking a quieter lifestyle while remaining conveniently close to major highways for commuting.

Current Market Conditions in Manteno, IL

The real estate market in Manteno is currently experiencing a steady growth trend, with home prices rising moderately over the past year. The demand for housing remains strong due to the area's appealing lifestyle and amenities, attracting both newcomers and investors. The average days on the market for homes have decreased, indicating a favorable market for sellers and continued interest from buyers.

In recent months, home values in Manteno have shown positive signs of appreciation, with a noticeable increase in home sales, further affirming the area's status as a desirable location for real estate investments.

Home Value Estimator For Manteno, IL

There are currently 3,363 real estate properties in Manteno, IL, with a median automated valuation model (AVM) price of $311,097.00. 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 $387,504.00, with the most expensive house in Manteno, IL, topping out at $158,164,336.00 and the cheapest home in Manteno, IL, clocking in at $17,018.00. 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 Preforeclosure Homes

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