Mineral, IL Foreclosures
How much do homes sell for in Mineral, IL?
The average home price is currently $116,125.
What’s the average rental cost in Mineral, IL?
The average rental price in Mineral is $989.
What is the most expensive home in Mineral?
The most expensive home sold in Mineral had a price of $1,668,375.
What is currently the cheapest priced home in Mineral, IL?
The cheapest home for sale in Mineral is priced at $12,126.
Living in Mineral, IL
Mineral, Illinois is a small village known for its friendly community and agricultural roots. This peaceful location offers a mix of rural charm and accessibility to larger urban areas. Ideal for families and retirees, it boasts local events, parks, and educational resources.
Current Market Conditions in Mineral, IL
The real estate market in Mineral, IL has seen stable growth over the past few years, with moderate price increases reflecting the village's desirability for those seeking a quiet and community-focused living environment. Since it is a small village, the number of homes available for sale is typically limited, which can lead to quicker sales and potential bidding wars among buyers.
Currently, homes in Mineral range from affordable starter houses to larger family homes, attracting various demographics from young couples to retirees. The slow but steady growth of Mineral's population indicates a healthy interest in property investment in the region.
Home Value Estimator For Mineral, IL
There are currently 142 real estate properties
in Mineral, IL,
with a median automated valuation model (AVM) price
of $82,640.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mineral, 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 Mineral, IL,
is $116,125.00, with the most expensive house
in Mineral, IL, topping out
at $1,668,375.00 and the cheapest home
in Mineral, IL,
clocking in at $12,126.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mineral, IL!
Rent Prices
In Mineral, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mineral, IL, is on
a rollercoaster ride. The
average rent price in Mineral, IL,
is $989.00. Indeed, when looking to rent in
Mineral, IL, you can expect to pay as little
as $510.00 or as much
as $2,040.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Mineral, 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
