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Land Foreclosures in Mendon, IL

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Mendon, IL Foreclosures

Current Market Conditions in in Mendon, IL As of March 2026?
Over the past month, the Mendon real estate market has seen little change overall, with slight fluctuations in the inventory of available homes. However, demand remains consistent, maintaining a balance between buyers and sellers. Interest rates have stabilized, encouraging potential home buyers to take action in securing properties. Open house events have garnered interest, yet home sales are moderate, reflecting the steady, unhurried pace of life in the village.
How much do homes sell for in Mendon, IL?
The average home price is currently $176,287.
In Mendon, IL, how many homes are available?
There are currently 2 active home listings available in Mendon.
What’s the average rental cost in Mendon, IL?
The average rental price in Mendon is $1,096.
What is the most expensive home in Mendon?
The most expensive home sold in Mendon had a price of $3,804,204.
What is currently the cheapest priced home in Mendon, IL?
The cheapest home for sale in Mendon is priced at $19,157.

Living in Mendon, IL

Mendon, IL, is a peaceful village in Brown County known for its friendly community and beautiful surroundings. With a range of outdoor activities and essential amenities, it's perfect for those seeking a tranquil lifestyle away from the city. Enjoy local parks and a strong sense of community in this charming location.

Buyer vs Seller Market in Mendon, IL

The real estate market in Mendon remains stable, with a modest number of homes available for sale. The village's affordability compared to nearby larger towns is attracting buyers looking for value in their home investments.

In recent months, there has been a slight increase in demand for homes, especially from families and retirees seeking a quieter living environment, contributing to a steady rise in property values.

Home Value Estimator For Mendon, IL

There are currently 550 real estate properties in Mendon, IL, with a median automated valuation model (AVM) price of $138,038.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mendon, 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 Mendon, IL, is $176,287.00, with the most expensive house in Mendon, IL, topping out at $3,804,204.00 and the cheapest home in Mendon, IL, clocking in at $19,157.00. In other words, there’s something for every potential homebuyer or savvy investor in Mendon, IL!

Rent Prices In Mendon, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mendon, IL, is on a rollercoaster ride. The average rent price in Mendon, IL, is $1,096.00. Indeed, when looking to rent in Mendon, IL, you can expect to pay as little as $690.00 or as much as $1,900.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Mendon, 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.

Mendon, IL Land


Market Trend for Mendon, IL

Total Listings Available: 2

Market Values:

Home Prices from $19,157 to $3,804,204

Average Sales Price: $176,287

Rental Values:

Rental from $690 to $1,900

Average Rent Value: $1,096 / month

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