Milmine, IL Foreclosures
How much do homes sell for in Milmine, IL?
The average home price is currently $168,456.
In Milmine, IL, how many homes are available?
There are currently 1 active home listings available in Milmine.
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 $583,460.
What is currently the cheapest priced home in Milmine, IL?
The cheapest home for sale in Milmine is priced at $41,219.
Living in Milmine, IL
Milmine, Illinois, is a small, charming community known for its friendly atmosphere and strong sense of local pride. The area offers a blend of rural tranquility and easy access to nearby urban amenities. With its quiet streets, Milmine is perfect for those seeking a tight-knit community vibe with a slower pace of life.
Current Market Conditions in Milmine, IL
The real estate market in Milmine, IL, is currently experiencing a stable trend with moderate activity. Given its size, the number of available homes tends to be limited, but when properties do come onto the market, they are generally well-received. Buyers appreciate the affordability of homes in the area, which has helped keep the market accessible for first-time homebuyers and those looking for a peaceful retreat from larger urban environments.
As the demand for housing in rural areas increases due to remote working trends, Milmine is seeing a gradual rise in interest as people seek the charm of small-town living. This trend is leading to slight price increases, though they remain lower than more urbanized regions.
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 $157,917.00. 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 $168,456.00, with the most expensive house
in Milmine, IL, topping out
at $583,460.00 and the cheapest home
in Milmine, IL,
clocking in at $41,219.00. 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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