Modoc, IL Foreclosures
How much do homes sell for in Modoc, IL?
The average home price is currently $135,310.
What’s the average rental cost in Modoc, IL?
The average rental price in Modoc is $1,338.
What is the most expensive home in Modoc?
The most expensive home sold in Modoc had a price of $358,494.
What is currently the cheapest priced home in Modoc, IL?
The cheapest home for sale in Modoc is priced at $18,650.
Living in Modoc, IL
Modoc, IL is a tranquil rural community offering a peaceful lifestyle surrounded by nature. It features beautiful landscapes and a close-knit community vibe, ideal for families and outdoor enthusiasts. With quality schools and a variety of recreational activities, Modoc provides an inviting environment for all.
Current Market Conditions in Modoc, IL
The current real estate market in Modoc is showing signs of stability, with modest growth in property values over the past several months. The demand for homes in this area is driven by individuals and families seeking a quieter lifestyle away from city congestion. Sellers are often seeing their homes appreciating, making it an attractive time for homeowners considering selling.
There has been a noticeable increase in interest from first-time homebuyers and retirees looking for affordable housing options. With the inventory of homes for sale remaining relatively low, competition is increasing among potential buyers. As a result, homes that are well-maintained and priced competitively are selling faster than before.
Home Value Estimator For Modoc, IL
There are currently 28 real estate properties
in Modoc, IL,
with a median automated valuation model (AVM) price
of $111,900.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Modoc, 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 Modoc, IL,
is $135,310.00, with the most expensive house
in Modoc, IL, topping out
at $358,494.00 and the cheapest home
in Modoc, IL,
clocking in at $18,650.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Modoc, IL!
Rent Prices
In Modoc, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Modoc, IL, is on
a rollercoaster ride. The
average rent price in Modoc, IL,
is $1,338.00. Indeed, when looking to rent in
Modoc, IL, you can expect to pay as little
as $1,030.00 or as much
as $1,580.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Modoc, 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
