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Foreclosures in Milmine, IL 61855

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Milmine, IL Foreclosures

How much do homes sell for in Milmine, IL?
The average home price is currently $224,382.
What’s the average rental cost in Milmine, IL?
The average rental price in Milmine is $1,119.
What is the most expensive home in Milmine?
The most expensive home sold in Milmine had a price of $2,497,263.
What is currently the cheapest priced home in Milmine, IL?
The cheapest home for sale in Milmine is priced at $22,099.

Living in Milmine, IL

Milmine, Illinois, is a quaint town that offers a serene living environment with a strong community vibe. It features a range of outdoor activities, quality educational institutions, and is surrounded by beautiful agricultural landscapes. This rural gem provides a peaceful retreat for families and individuals alike.

Current Market Conditions in Milmine, IL

The real estate market in Milmine is stable, offering affordable housing options that appeal to first-time buyers and those looking to downsize. Homes maintain their value due to the limited availability of properties and the town's attractive lifestyle.

In recent months, there has been a slight increase in interest from buyers seeking rural properties, leading to a steady demand for homes, especially for those looking to escape urban settings.

Home Value Estimator For Milmine, IL

There are currently 49 real estate properties in Milmine, IL, with a median automated valuation model (AVM) price of $145,857.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milmine, 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 Milmine, IL, is $224,382.00, with the most expensive house in Milmine, IL, topping out at $2,497,263.00 and the cheapest home in Milmine, IL, clocking in at $22,099.00. In other words, there’s something for every potential homebuyer or savvy investor in Milmine, IL!

Rent Prices In Milmine, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milmine, IL, is on a rollercoaster ride. The average rent price in Milmine, IL, is $1,119.00. Indeed, when looking to rent in Milmine, IL, you can expect to pay as little as $790.00 or as much as $1,980.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Milmine, 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.

Milmine, IL 61855 Foreclosures


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