Modesto, IL Foreclosures
Current Market Conditions in in Modesto, IL As of February 2026?
Over the past month, Modesto has continued to experience a steady increase in home sales, with several properties going under contract quickly. The competitive nature of the market has driven some prices slightly higher as buyers seek to secure homes before potential interest rate increases.
How much do homes sell for in Modesto, IL?
The average home price is currently $155,501.
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 $988,316.
What is currently the cheapest priced home in Modesto, IL?
The cheapest home for sale in Modesto is priced at $13,969.
Living in Modesto, IL
Modesto, Illinois, is a quaint community that offers a blend of peaceful suburban living and convenient amenities. Located near the banks of the Illinois River, residents enjoy a tranquil environment with easy access to essential services and recreational opportunities. The welcoming atmosphere makes it an ideal place for families and retirees alike.
Buyer vs Seller Market in Modesto, IL
The real estate market in Modesto has shown signs of growth over the past year, with an increase in demand for homes due to the appealing lifestyle and affordability. Buyers are drawn to the area for its picturesque landscape and sense of community, resulting in increased home values and interest in properties.
Modesto's housing inventory remains relatively stable, with a mix of older homes and new developments available. The market is favorable for both buyers and sellers, with reasonable prices attracting new residents who are seeking an escape from more urban environments.
Home Value Estimator For Modesto, IL
There are currently 177 real estate properties
in Modesto, IL,
with a median automated valuation model (AVM) price
of $118,357.00. 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 $155,501.00, with the most expensive house
in Modesto, IL, topping out
at $988,316.00 and the cheapest home
in Modesto, IL,
clocking in at $13,969.00. 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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