Foreclosure Homes in Markham, IL 60428

Current Market Conditions in Markham, IL

The real estate market in Markham has been witnessing a steady demand for single-family homes, particularly from families looking for affordable housing options. The market trends indicate a consistent increase in home values, driven by the area's accessibility to Chicago and local amenities that appeal to new buyers.

New developments and community initiatives are underway, attracting potential buyers and investors to Markham. Historically, the area has maintained a balance between buyers and sellers, creating a competitive market that remains appealing for first-time homebuyers.

Rent Prices In Markham, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Markham, IL, is on a rollercoaster ride. The average rent price in Markham, IL, is $1,547.00. Indeed, when looking to rent in Markham, IL, you can expect to pay as little as $880.00 or as much as $2,360.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Markham, 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.