Metcalf, IL Foreclosures
How much do homes sell for in Metcalf, IL?
The average home price is currently $93,736.
What’s the average rental cost in Metcalf, IL?
The average rental price in Metcalf is $864.
What is the most expensive home in Metcalf?
The most expensive home sold in Metcalf had a price of $429,046.
What is currently the cheapest priced home in Metcalf, IL?
The cheapest home for sale in Metcalf is priced at $15,328.
Living in Metcalf, IL
Metcalf, IL is a charming rural community in Edgar County known for its tranquility and friendly atmosphere. With its wide-open spaces and a close-knit community, Metcalf is ideal for those looking to escape the city. The area provides several outdoor activities and educational facilities for families.
Current Market Conditions in Metcalf, IL
The real estate market in Metcalf has remained stable over the past few years, with home prices showing modest growth. The demand for homes in suburban and rural areas has seen an increase as families seek more spacious living conditions away from crowded urban environments.
As of late 2023, the market conditions indicate a balanced market with a slight edge towards sellers, as there is low inventory of homes available. Many potential buyers are showing interest in properties, which could lead to a continued rise in home values.
Home Value Estimator For Metcalf, IL
There are currently 101 real estate properties
in Metcalf, IL,
with a median automated valuation model (AVM) price
of $78,787.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Metcalf, 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 Metcalf, IL,
is $93,736.00, with the most expensive house
in Metcalf, IL, topping out
at $429,046.00 and the cheapest home
in Metcalf, IL,
clocking in at $15,328.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Metcalf, IL!
Rent Prices
In Metcalf, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Metcalf, IL, is on
a rollercoaster ride. The
average rent price in Metcalf, IL,
is $864.00. Indeed, when looking to rent in
Metcalf, IL, you can expect to pay as little
as $590.00 or as much
as $1,440.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Metcalf, 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
