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Preforeclosure 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, offers a serene small-town atmosphere with a close-knit community and ample local amenities. Residents enjoy various outdoor activities and strong educational options, making it an excellent location for families. The town combines the charm of rural living with the conveniences of nearby urban amenities.

Current Market Conditions in Mason City, IL

The real estate market in Mason City is currently stable, with a slight increase in home values, driven by demand from families and individuals seeking affordable living options. The market has attracted interest due to its low property taxes and affordable cost of living compared to larger cities in Illinois.

There is a growing interest in the area, particularly from first-time homebuyers. Properties are moving at a steady pace, and the inventory remains low, resulting in competitive offers on desirable homes.

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 Preforeclosure Homes


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