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Foreclosure Homes in Mason City, IL

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Mason City, IL Foreclosures

How much do homes sell for in Mason City, IL?
The average home price is currently $120,194.
In Mason City, IL, how many homes are available?
There are currently 6 active home listings available in Mason City.
What’s the average rental cost in Mason City, IL?
The average rental price in Mason City is $923.
What is the most expensive home in Mason City?
The most expensive home sold in Mason City had a price of $1,056,551.
What is currently the cheapest priced home in Mason City, IL?
The cheapest home for sale in Mason City is priced at $7,844.

Living in Mason City, IL

Mason City, IL is a small community with a welcoming atmosphere and a rich agricultural backdrop. It offers a peaceful lifestyle with convenient access to essential amenities, outdoor activities, and local events that foster a strong sense of community. This charming town is perfect for those seeking tranquility without sacrificing accessibility.

Current Market Conditions in Mason City, IL

The real estate market in Mason City is currently stable, with home prices remaining relatively consistent over the past several months. The demand for housing in small towns like Mason City has seen an uptick as more people seek out quieter living environments away from crowded cities.

With the influx of remote workers and families looking for affordable housing options, Mason City's market offers attractive pricing compared to larger urban areas. However, inventory remains limited, which is leading to competitive bidding situations on well-maintained properties.

Home Value Estimator For Mason City, IL

There are currently 1,200 real estate properties in Mason City, IL, with a median automated valuation model (AVM) price of $93,838.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mason City, 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 Mason City, IL, is $120,194.00, with the most expensive house in Mason City, IL, topping out at $1,056,551.00 and the cheapest home in Mason City, IL, clocking in at $7,844.00. In other words, there’s something for every potential homebuyer or savvy investor in Mason City, IL!

Rent Prices In Mason City, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mason City, IL, is on a rollercoaster ride. The average rent price in Mason City, IL, is $923.00. Indeed, when looking to rent in Mason City, IL, you can expect to pay as little as $590.00 or as much as $2,070.00, with the average rent median estimated to be $870.00. The good news is that finding an affordable and desirable property to rent in Mason City, 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.

Mason City, IL Foreclosures


Market Trend for Mason City, IL

Total Listings Available: 6

Market Values:

Home Prices from $7,844 to $1,056,551

Average Sales Price: $120,194

Rental Values:

Rental from $590 to $2,070

Average Rent Value: $923 / month

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