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Foreclosure Homes in Maywood, IL

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Maywood, IL Foreclosures

How much do homes sell for in Maywood, IL?
The average home price is currently $269,609.
In Maywood, IL, how many homes are available?
There are currently 276 active home listings available in Maywood.
What’s the average rental cost in Maywood, IL?
The average rental price in Maywood is $1,554.
What is the most expensive home in Maywood?
The most expensive home sold in Maywood had a price of $10,234,081.
What is currently the cheapest priced home in Maywood, IL?
The cheapest home for sale in Maywood is priced at $14,000.

Living in Maywood, IL

Maywood is a dynamic suburb located just west of Chicago, offering a blend of urban convenience and suburban tranquility. Known for its rich history and community-focused atmosphere, Maywood boasts several parks and local amenities that cater to families and individuals alike. Its proximity to Chicago provides easy access to employment opportunities and cultural activities, making it a desirable place to call home.

Current Market Conditions in Maywood, IL

The Maywood real estate market is currently showing signs of growth, with a steady increase in home values over the past year. The demand for housing in this suburban area has been driven by its affordable prices relative to nearby Chicago, appealing to first-time homebuyers and families seeking more space.

Currently, homes in Maywood are receiving multiple offers due to limited inventory, which has put upward pressure on prices. The average days on market have decreased, indicating a competitive environment as buyers are eager to secure properties in this community.

Home Value Estimator For Maywood, IL

There are currently 6,867 real estate properties in Maywood, IL, with a median automated valuation model (AVM) price of $263,858.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Maywood, 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 Maywood, IL, is $269,609.00, with the most expensive house in Maywood, IL, topping out at $10,234,081.00 and the cheapest home in Maywood, IL, clocking in at $14,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Maywood, IL!

Rent Prices In Maywood, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Maywood, IL, is on a rollercoaster ride. The average rent price in Maywood, IL, is $1,554.00. Indeed, when looking to rent in Maywood, IL, you can expect to pay as little as $590.00 or as much as $3,430.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in Maywood, 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.

Maywood, IL Foreclosures

Market Trend for Maywood, IL

Total Listings Available: 276

Market Values:

Home Prices from $14,000 to $10,234,081

Average Sales Price: $269,609

Rental Values:

Rental from $590 to $3,430

Average Rent Value: $1,554 / month

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