Markham, IL Foreclosures
How much do homes sell for in Markham, IL?
The average home price is currently $172,033.
In Markham, IL, how many homes are available?
There are currently 345 active home listings available in Markham.
What’s the average rental cost in Markham, IL?
The average rental price in Markham is $1,547.
What is the most expensive home in Markham?
The most expensive home sold in Markham had a price of $5,961,859.
What is currently the cheapest priced home in Markham, IL?
The cheapest home for sale in Markham is priced at $11,111.
Living in Markham, IL
Markham is a vibrant suburb located just south of Chicago, combining suburban charm with proximity to the bustling city life. Known for its diverse community and family-friendly atmosphere, it offers an array of parks, schools, and local businesses. Residents enjoy a blend of cultural experiences, outdoor activities, and a strong sense of community spirit.
Current Market Conditions in Markham, IL
The real estate market in Markham has been experiencing steady growth over recent months, with an increase in both home sales and median prices. The residential market caters to a range of budgets, appealing to first-time homebuyers, families, and investors. The diverse housing stock, from single-family homes to townhouses, continues to attract buyers looking for affordability and space outside of the city.
The area shows promise for future appreciation, driven by ongoing investment in local infrastructure and community development projects, enhancing the appeal of Markham as a desirable place to live.
Home Value Estimator For Markham, IL
There are currently 5,353 real estate properties
in Markham, IL,
with a median automated valuation model (AVM) price
of $158,928.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Markham, 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 Markham, IL,
is $172,033.00, with the most expensive house
in Markham, IL, topping out
at $5,961,859.00 and the cheapest home
in Markham, IL,
clocking in at $11,111.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Markham, IL!
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.
Learn more on Foreclosure homes
