Metamora, IL Foreclosures
How much do homes sell for in Metamora, IL?
The average home price is currently $281,684.
In Metamora, IL, how many homes are available?
There are currently 2 active home listings available in Metamora.
What’s the average rental cost in Metamora, IL?
The average rental price in Metamora is $1,513.
What is the most expensive home in Metamora?
The most expensive home sold in Metamora had a price of $1,555,927.
What is currently the cheapest priced home in Metamora, IL?
The cheapest home for sale in Metamora is priced at $19,077.
Living in Metamora, IL
Metamora, IL is a picturesque village that blends small-town charm with a rich sense of community. With a variety of local shops, family-friendly events, and access to beautiful parks, it's an ideal place to raise a family or enjoy a peaceful lifestyle. Residents benefit from great schools and convenient transportation options, making it a desirable location for many.
Current Market Conditions in Metamora, IL
The real estate market in Metamora is currently showing signs of stability, with a steady demand for homes. The average price for homes in the area has seen a gradual increase, indicating a healthy interest from buyers, especially those looking for family-friendly communities.
For the past few months, the market has been competitive, yet balanced, with buyers facing some challenges due to limited inventory. Nonetheless, the charm of Metamora continues to attract new residents, contributing to a robust local housing market.
Home Value Estimator For Metamora, IL
There are currently 3,039 real estate properties
in Metamora, IL,
with a median automated valuation model (AVM) price
of $257,134.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Metamora, 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 Metamora, IL,
is $281,684.00, with the most expensive house
in Metamora, IL, topping out
at $1,555,927.00 and the cheapest home
in Metamora, IL,
clocking in at $19,077.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Metamora, IL!
Rent Prices
In Metamora, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Metamora, IL, is on
a rollercoaster ride. The
average rent price in Metamora, IL,
is $1,513.00. Indeed, when looking to rent in
Metamora, IL, you can expect to pay as little
as $730.00 or as much
as $2,890.00,
with the average rent median estimated to
be $1,480.00. The good news is that finding
an affordable and desirable property to rent in Metamora, 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
