Meredosia, IL Foreclosures
How much do homes sell for in Meredosia, IL?
The average home price is currently $84,782.
In Meredosia, IL, how many homes are available?
There are currently 52 active home listings available in Meredosia.
What’s the average rental cost in Meredosia, IL?
The average rental price in Meredosia is $954.
What is the most expensive home in Meredosia?
The most expensive home sold in Meredosia had a price of $1,161,546.
What is currently the cheapest priced home in Meredosia, IL?
The cheapest home for sale in Meredosia is priced at $10,600.
Living in Meredosia, IL
Meredosia, Illinois, is a charming village located along the Illinois River, offering a serene atmosphere and a close-knit community. The area boasts beautiful landscapes for outdoor activities, with local amenities catering to residents. Affordable housing options make it an attractive place for families and those looking for a peaceful lifestyle.
Current Market Conditions in Meredosia, IL
The real estate market in Meredosia is currently stable, with a range of affordable housing options available. Buyers can find homes that fit various budgets, and the rental market is reasonable, making it attractive for both first-time buyers and investors.
The demand for properties in Meredosia has seen slight growth, particularly among those seeking a rural lifestyle close to urban conveniences in nearby Jacksonville. As a result, house values are gradually increasing, which may indicate a positive trend for future investments.
Home Value Estimator For Meredosia, IL
There are currently 604 real estate properties
in Meredosia, IL,
with a median automated valuation model (AVM) price
of $73,022.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Meredosia, 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 Meredosia, IL,
is $84,782.00, with the most expensive house
in Meredosia, IL, topping out
at $1,161,546.00 and the cheapest home
in Meredosia, IL,
clocking in at $10,600.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Meredosia, IL!
Rent Prices
In Meredosia, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Meredosia, IL, is on
a rollercoaster ride. The
average rent price in Meredosia, IL,
is $954.00. Indeed, when looking to rent in
Meredosia, IL, you can expect to pay as little
as $470.00 or as much
as $1,620.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Meredosia, 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.
Learn more on Foreclosure homes
