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Foreclosure Homes in Mechanicsburg, IL

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Mechanicsburg, IL Foreclosures

How much do homes sell for in Mechanicsburg, IL?
The average home price is currently $201,203.
In Mechanicsburg, IL, how many homes are available?
There are currently 16 active home listings available in Mechanicsburg.
What’s the average rental cost in Mechanicsburg, IL?
The average rental price in Mechanicsburg is $1,150.
What is the most expensive home in Mechanicsburg?
The most expensive home sold in Mechanicsburg had a price of $1,538,189.
What is currently the cheapest priced home in Mechanicsburg, IL?
The cheapest home for sale in Mechanicsburg is priced at $20,718.

Living in Mechanicsburg, IL

Mechanicsburg, IL, is a quaint village that boasts a tight-knit community and a relaxed lifestyle, appealing to those seeking a peaceful living environment. The surrounding nature provides plenty of opportunities for outdoor activities, while the close proximity to Springfield allows for quick access to urban conveniences. An ideal mix of rural charm and convenience awaits new residents.

Current Market Conditions in Mechanicsburg, IL

The current real estate market in Mechanicsburg is relatively stable, with a focus on affordable housing options. Recent trends indicate a growing interest in homes, particularly from first-time buyers looking for affordable and spacious properties.

Homes in Mechanicsburg are often priced competitively, with a solid demand for single-family homes. The village has maintained its appeal due to its community-centric environment and access to outdoor recreational areas.

Home Value Estimator For Mechanicsburg, IL

There are currently 541 real estate properties in Mechanicsburg, IL, with a median automated valuation model (AVM) price of $166,726.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mechanicsburg, 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 Mechanicsburg, IL, is $201,203.00, with the most expensive house in Mechanicsburg, IL, topping out at $1,538,189.00 and the cheapest home in Mechanicsburg, IL, clocking in at $20,718.00. In other words, there’s something for every potential homebuyer or savvy investor in Mechanicsburg, IL!

Rent Prices In Mechanicsburg, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mechanicsburg, IL, is on a rollercoaster ride. The average rent price in Mechanicsburg, IL, is $1,150.00. Indeed, when looking to rent in Mechanicsburg, IL, you can expect to pay as little as $570.00 or as much as $1,890.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Mechanicsburg, 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.

Mechanicsburg, IL Foreclosures


Market Trend for Mechanicsburg, IL

Total Listings Available: 16

Market Values:

Home Prices from $20,718 to $1,538,189

Average Sales Price: $201,203

Rental Values:

Rental from $570 to $1,890

Average Rent Value: $1,150 / month

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