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Foreclosure Homes in Minonk, IL

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Minonk, IL Foreclosures

How much do homes sell for in Minonk, IL?
The average home price is currently $160,741.
In Minonk, IL, how many homes are available?
There are currently 3 active home listings available in Minonk.
What’s the average rental cost in Minonk, IL?
The average rental price in Minonk is $1,089.
What is the most expensive home in Minonk?
The most expensive home sold in Minonk had a price of $1,276,053.
What is currently the cheapest priced home in Minonk, IL?
The cheapest home for sale in Minonk is priced at $17,097.

Living in Minonk, IL

Minonk, a small, tightly-knit community in Illinois, offers residents a peaceful lifestyle with a welcoming atmosphere. Known for its charming downtown area, this city features local shops, dining options, and a friendly community spirit. With access to outdoor activities and nearby parks, Minonk is a great place for families and individuals seeking a serene environment.

Current Market Conditions in Minonk, IL

As of late 2023, the real estate market in Minonk is experiencing steady growth, with house prices remaining relatively stable compared to larger cities in Illinois. The demand for housing in smaller towns has increased as more people seek affordable homes in quieter environments.

Minonk’s unique charm, coupled with its community-driven activities, attracts buyers looking for family-friendly neighborhoods. The area is seeing a blend of older homes with character alongside new constructions that appeal to modern buyers.

Home Value Estimator For Minonk, IL

There are currently 1,031 real estate properties in Minonk, IL, with a median automated valuation model (AVM) price of $141,406.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Minonk, 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 Minonk, IL, is $160,741.00, with the most expensive house in Minonk, IL, topping out at $1,276,053.00 and the cheapest home in Minonk, IL, clocking in at $17,097.00. In other words, there’s something for every potential homebuyer or savvy investor in Minonk, IL!

Rent Prices In Minonk, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Minonk, IL, is on a rollercoaster ride. The average rent price in Minonk, IL, is $1,089.00. Indeed, when looking to rent in Minonk, IL, you can expect to pay as little as $470.00 or as much as $2,280.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Minonk, 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.

Minonk, IL Foreclosures


Market Trend for Minonk, IL

Total Listings Available: 3

Market Values:

Home Prices from $17,097 to $1,276,053

Average Sales Price: $160,741

Rental Values:

Rental from $470 to $2,280

Average Rent Value: $1,089 / month

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