Mitchell, IL Foreclosures
How much do homes sell for in Mitchell, IL?
The average home price is currently $153,170.
What’s the average rental cost in Mitchell, IL?
The average rental price in Mitchell is $1,004.
What is the most expensive home in Mitchell?
The most expensive home sold in Mitchell had a price of $329,170.
What is currently the cheapest priced home in Mitchell, IL?
The cheapest home for sale in Mitchell is priced at $66,968.
Living in Mitchell, IL
Mitchell, IL, offers a peaceful community with a blend of rural charm and suburban amenities. Its friendly neighborhoods and quality schools make it a wonderful place for families. Nearby parks and recreational activities provide ample opportunities for outdoor enjoyment.
Current Market Conditions in Mitchell, IL
The real estate market in Mitchell is stable, with a mix of single-family homes and townhouses appealing to various buyers. Currently, prices remain reasonable, making it an attractive option for first-time homebuyers looking for affordable alternatives in the suburban market.
Trends indicate a slow but steady increase in property values, supported by the community's development efforts and improvements in local amenities.
Home Value Estimator For Mitchell, IL
There are currently 32 real estate properties
in Mitchell, IL,
with a median automated valuation model (AVM) price
of $140,988.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mitchell, 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 Mitchell, IL,
is $153,170.00, with the most expensive house
in Mitchell, IL, topping out
at $329,170.00 and the cheapest home
in Mitchell, IL,
clocking in at $66,968.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mitchell, IL!
Rent Prices
In Mitchell, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mitchell, IL, is on
a rollercoaster ride. The
average rent price in Mitchell, IL,
is $1,004.00. Indeed, when looking to rent in
Mitchell, IL, you can expect to pay as little
as $700.00 or as much
as $1,170.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Mitchell, 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
