foreclosure.com

Rent To Own Homes in Martinsville, IL

Search within map
Displaying 1 - 2 of 2
 
More real estate for sale

Other cities with foreclosures
Zip codes

Living in Martinsville, IL

Martinsville, IL is a charming small town that boasts a friendly atmosphere and picturesque surroundings. The community is rich in local amenities, making it ideal for families. Residents benefit from accessible education and various outdoor recreational activities, fostering a well-rounded lifestyle.

Current Market Conditions in Martinsville, IL

The real estate market in Martinsville, IL, is characterized by affordable housing options, making it a great opportunity for investors seeking rental properties or starter homes. Prices have remained relatively stable over the past few years, attracting first-time homebuyers and those looking to downsize.

With the area's growing appeal, especially among families and retirees, property values show potential for appreciation. The continuous demand for housing coupled with the town's friendly atmosphere positions Martinsville as an ideal location for long-term investment.

Home Value Estimator For Martinsville, IL

There are currently 893 real estate properties in Martinsville, IL, with a median automated valuation model (AVM) price of $99,364.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Martinsville, 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 Martinsville, IL, is $141,407.00, with the most expensive house in Martinsville, IL, topping out at $1,737,573.00 and the cheapest home in Martinsville, IL, clocking in at $6,375.00. In other words, there’s something for every potential homebuyer or savvy investor in Martinsville, IL!

Rent Prices In Martinsville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Martinsville, IL, is on a rollercoaster ride. The average rent price in Martinsville, IL, is $977.00. Indeed, when looking to rent in Martinsville, IL, you can expect to pay as little as $460.00 or as much as $1,830.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Martinsville, 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.

Martinsville, IL Rent To Own Homes


Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2025. All Rights Reserved.