Maywood, IL Foreclosures
How much do homes sell for in Maywood, IL?
The average home price is currently $272,988.
In Maywood, IL, how many homes are available?
There are currently 108 active home listings available in Maywood.
What’s the average rental cost in Maywood, IL?
The average rental price in Maywood is $1,553.
What is the most expensive home in Maywood?
The most expensive home sold in Maywood had a price of $10,365,817.
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 vibrant village in Cook County, Illinois, offering a unique blend of urban convenience and suburban charm. With a rich history and diverse community, Maywood provides a welcoming atmosphere for families and professionals alike. The area boasts a variety of amenities, parks, and schools, making it an attractive place to live.
Current Market Conditions in Maywood, IL
The real estate market in Maywood, IL, is showing signs of stability and moderate growth as demand for housing remains strong. Increased interest from buyers looking for affordable housing options near Chicago has contributed to this trend. Real estate prices have steadily risen, but homes are still reasonably priced compared to nearby suburbs, attracting young families and first-time buyers.
Developments in the local economy, including new businesses and community enhancements, have created favorable conditions for investment in Maywood’s housing market. The area has seen an increase in renovations and property improvements, illustrating the community's commitment to enhancing living conditions. Agents report that homes are selling relatively quickly, often at or above asking price, indicating a competitive market environment.
Home Value Estimator For Maywood, IL
There are currently 6,865 real estate properties
in Maywood, IL,
with a median automated valuation model (AVM) price
of $268,342.00. 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 $272,988.00, with the most expensive house
in Maywood, IL, topping out
at $10,365,817.00 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 $1,553.00. 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.
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