Modesto, IL Foreclosures
How much do homes sell for in Modesto, IL?
The average home price is currently $138,297.
What’s the average rental cost in Modesto, IL?
The average rental price in Modesto is $926.
What is the most expensive home in Modesto?
The most expensive home sold in Modesto had a price of $807,788.
What is currently the cheapest priced home in Modesto, IL?
The cheapest home for sale in Modesto is priced at $14,018.
Living in Modesto, IL
Modesto, IL, is a charming small town characterized by a strong community spirit and family-friendly amenities. The area features excellent public schools and abundant outdoor activities, making it ideal for families and nature enthusiasts. With local shops, parks, and convenient transportation options, Modesto offers a quality lifestyle in a peaceful setting.
Current Market Conditions in Modesto, IL
The real estate market in Modesto is currently experiencing a steady demand with home prices gradually increasing. Buyers are attracted to the town's affordability compared to nearby urban areas, leading to a greater interest in single-family homes and townhouses.
Overall, homes in Modesto are selling at a moderate pace, and the market shows signs of stability. The number of listings remains consistent, appealing to first-time buyers and families looking to settle in a friendly community.
Home Value Estimator For Modesto, IL
There are currently 155 real estate properties
in Modesto, IL,
with a median automated valuation model (AVM) price
of $112,742.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Modesto, 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 Modesto, IL,
is $138,297.00, with the most expensive house
in Modesto, IL, topping out
at $807,788.00 and the cheapest home
in Modesto, IL,
clocking in at $14,018.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Modesto, IL!
Rent Prices
In Modesto, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Modesto, IL, is on
a rollercoaster ride. The
average rent price in Modesto, IL,
is $926.00. Indeed, when looking to rent in
Modesto, IL, you can expect to pay as little
as $740.00 or as much
as $2,090.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Modesto, 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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