Mcnabb, IL Foreclosures
How much do homes sell for in Mcnabb, IL?
The average home price is currently $106,311.
What’s the average rental cost in Mcnabb, IL?
The average rental price in Mcnabb is $853.
What is the most expensive home in Mcnabb?
The most expensive home sold in Mcnabb had a price of $164,378.
What is currently the cheapest priced home in Mcnabb, IL?
The cheapest home for sale in Mcnabb is priced at $39,884.
Living in Mcnabb, IL
McNabb, IL is a charming small village that offers a serene lifestyle surrounded by beautiful rural landscapes. Known for its community spirit and family-friendly environment, it provides access to outdoor activities and local schools. It's an ideal location for those seeking tranquility while still being close to larger communities.
Current Market Conditions in Mcnabb, IL
The real estate market in McNabb, IL, is characterized by a stable demand for homes, with a slight uptick in interest as more buyers are looking for properties in quieter, suburban areas. Recent data indicates that home prices have seen modest increases over the past few months as the village attracts families wanting more space and tranquility in their living environment.
Additionally, there's a growing trend amongst urban dwellers exploring rural areas for affordable housing options, which continues to positively influence market conditions in McNabb. Many buyers are looking for single-family homes that offer both land and privacy.
Home Value Estimator For Mcnabb, IL
There are currently 12 real estate properties
in Mcnabb, IL,
with a median automated valuation model (AVM) price
of $108,977.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mcnabb, 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 Mcnabb, IL,
is $106,311.00, with the most expensive house
in Mcnabb, IL, topping out
at $164,378.00 and the cheapest home
in Mcnabb, IL,
clocking in at $39,884.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mcnabb, IL!
Rent Prices
In Mcnabb, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mcnabb, IL, is on
a rollercoaster ride. The
average rent price in Mcnabb, IL,
is $853.00. Indeed, when looking to rent in
Mcnabb, IL, you can expect to pay as little
as $710.00 or as much
as $1,060.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Mcnabb, 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.