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Short Sale Listings in Metamora, IL

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Living in Metamora, IL

Metamora, IL is a peaceful small town known for its friendly community, beautiful parks, and quality educational institutions. Families enjoy the outdoor recreational opportunities and local dining, while the town's proximity to Peoria adds to its convenience and charm. It's an ideal location for those seeking a tranquil lifestyle.

Current Market Conditions in Metamora, IL

The real estate market in Metamora is currently favorable for both buyers and investors, with a variety of properties available ranging from modest homes to larger family residences. The demand for housing remains stable due to the growing community and its appeal to families.

Recent trends indicate a slight increase in property values, making this an attractive time for investment as the area continues to grow and develop. Investors can expect potential appreciation over the coming years, especially with new developments underway.

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 $249,958.00. 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 $274,107.00, with the most expensive house in Metamora, IL, topping out at $1,353,665.00 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.

Metamora, IL Short Sale Listings


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