Milmine, IL Foreclosures
How much do homes sell for in Milmine, IL?
The average home price is currently $156,552.
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 $572,630.
What is currently the cheapest priced home in Milmine, IL?
The cheapest home for sale in Milmine is priced at $41,212.
Living in Milmine, IL
Milmine, IL is a quaint village known for its friendly community atmosphere and serene rural landscapes. With access to outdoor activities and quality schools, it's an ideal location for families and individuals seeking a peaceful lifestyle. The low cost of living adds to its appeal for potential residents.
Current Market Conditions in Milmine, IL
The real estate market in Milmine is currently favorable for buyers, with a steady inventory of homes available. Prices have remained relatively stable over the past few months, attracting both new homeowners and investors interested in the rural charm of this village. The community's distinct character and affordability contribute to the steady interest in the area.
Recent trends suggest a slight increase in demand for homes, particularly among families looking for more space and a tranquil lifestyle. The attractiveness of rural living, coupled with the convenience of nearby urban centers, has led to a consistent interest in Milmine real estate.
Home Value Estimator For Milmine, IL
There are currently 40 real estate properties
in Milmine, IL,
with a median automated valuation model (AVM) price
of $140,265.00. 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 $156,552.00, with the most expensive house
in Milmine, IL, topping out
at $572,630.00 and the cheapest home
in Milmine, IL,
clocking in at $41,212.00. 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.
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