Mill Shoals, IL Foreclosures
How much do homes sell for in Mill Shoals, IL?
The average home price is currently $111,241.
What’s the average rental cost in Mill Shoals, IL?
The average rental price in Mill Shoals is $884.
What is the most expensive home in Mill Shoals?
The most expensive home sold in Mill Shoals had a price of $400,926.
What is currently the cheapest priced home in Mill Shoals, IL?
The cheapest home for sale in Mill Shoals is priced at $32,748.
Living in Mill Shoals, IL
Mill Shoals, Illinois, is a quaint small town known for its tight-knit community and scenic beauty. Residents enjoy a slower pace of life with access to local shops and outdoor recreation. The town is a perfect getaway for those looking for peace and tranquility in a rural setting.
Current Market Conditions in Mill Shoals, IL
The real estate market in Mill Shoals, IL, is currently quite stable, with a mix of affordable homes and a few more expensive listings. The market here isn’t overly competitive, which makes it a good option for first-time homebuyers and families looking for value.
Recent trends show a gradual increase in home prices over the past few months, indicating a healthy demand for properties. This demand is likely fueled by the town's appeal as a tranquil residential area coupled with the surrounding natural beauty.
Home Value Estimator For Mill Shoals, IL
There are currently 157 real estate properties
in Mill Shoals, IL,
with a median automated valuation model (AVM) price
of $72,663.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mill Shoals, 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 Mill Shoals, IL,
is $111,241.00, with the most expensive house
in Mill Shoals, IL, topping out
at $400,926.00 and the cheapest home
in Mill Shoals, IL,
clocking in at $32,748.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mill Shoals, IL!
Rent Prices
In Mill Shoals, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mill Shoals, IL, is on
a rollercoaster ride. The
average rent price in Mill Shoals, IL,
is $884.00. Indeed, when looking to rent in
Mill Shoals, IL, you can expect to pay as little
as $720.00 or as much
as $1,380.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Mill Shoals, 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
