Maywood, IL Foreclosures
How much do homes sell for in Maywood, IL?
The average home price is currently $273,409.
In Maywood, IL, how many homes are available?
There are currently 95 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 $10,319,862.
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, IL, is a thriving suburb of Chicago, offering a unique blend of urban convenience and suburban tranquility. This diverse community is known for its rich history and active lifestyle with various amenities, parks, and public services. The well-connected public transport options enhance its appeal for commuters seeking a perfect work-life balance.
Current Market Conditions in Maywood, IL
The real estate market in Maywood has remained active, with new listings emerging regularly. The demand for homes has shown a steady increase, primarily due to the suburb's affordability compared to nearby areas, making it an attractive option for first-time buyers and families alike.
Property values in Maywood have appreciated over the past year, reflecting a growing interest in suburban living amid the continuing urban migration trend. Furthermore, the variety of housing styles, from single-family homes to townhouses, caters to diverse buyer needs.
Overall, while the market remains competitive, opportunities exist for buyers looking for reasonable options in a community-oriented environment.
Home Value Estimator For Maywood, IL
There are currently 6,869 real estate properties
in Maywood, IL,
with a median automated valuation model (AVM) price
of $267,909.00. 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 $273,409.00, with the most expensive house
in Maywood, IL, topping out
at $10,319,862.00 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.
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