Modesto, IL Foreclosures
How much do homes sell for in Modesto, IL?
The average home price is currently $138,701.
In Modesto, IL, how many homes are available?
There are currently 133 active home listings available in Modesto.
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 $812,730.
What is currently the cheapest priced home in Modesto, IL?
The cheapest home for sale in Modesto is priced at $14,146.
Living in Modesto, IL
Modesto, Illinois, is a small, friendly community with a charming atmosphere and a close-knit feel. The area offers a mix of suburban living with easy access to various amenities, outdoor activities, and local attractions. Residents enjoy a peaceful lifestyle while being within reach of larger cities for work and entertainment.
Current Market Conditions in Modesto, IL
The current real estate market in Modesto, IL, shows signs of stability with a gradual increase in property values. The demand for homes has been steady due to the area's attractive living conditions, which appeal to families and retirees alike. Recent developments in the region have drawn interest, leading to investment in new constructions and renovations of existing properties.
There has been an uptick in homebuyers looking for affordable options, as the cost of living in Modesto remains lower compared to urban centers. This trend has made the area more attractive for those seeking to settle in a more tranquil setting away from the hustle and bustle.
Listings have tended to sell quickly, indicating a potentially competitive market, particularly for single-family homes. Buyers are encouraged to act swiftly when they find a suitable property, as the inventory can fluctuate.
Home Value Estimator For Modesto, IL
There are currently 154 real estate properties
in Modesto, IL,
with a median automated valuation model (AVM) price
of $112,070.00. 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 $138,701.00, with the most expensive house
in Modesto, IL, topping out
at $812,730.00 and the cheapest home
in Modesto, IL,
clocking in at $14,146.00. 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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