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Multi-family Foreclosures in Monroe Center, IL

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Monroe Center, IL Foreclosures

How much do homes sell for in Monroe Center, IL?
The average home price is currently $242,943.
What’s the average rental cost in Monroe Center, IL?
The average rental price in Monroe Center is $1,454.
What is the most expensive home in Monroe Center?
The most expensive home sold in Monroe Center had a price of $766,244.
What is currently the cheapest priced home in Monroe Center, IL?
The cheapest home for sale in Monroe Center is priced at $24,952.

Living in Monroe Center, IL

Monroe Center, IL is a quaint rural town that offers a serene lifestyle with a strong sense of community. It's surrounded by beautiful nature and has great local amenities, making it perfect for families and individuals alike. The local schools are well-rated, and residents enjoy easy access to nearby urban conveniences.

Current Market Conditions in Monroe Center, IL

The real estate market in Monroe Center is stable, with a range of housing options suitable for various budgets. Prices are generally affordable, drawing both first-time homebuyers and investors looking for rental opportunities.

Recent trends show an increase in interest in Monroe Center due to its peaceful atmosphere and strong sense of community. The demand for properties in the area is gradually rising, indicating potential growth for future investments.

Home Value Estimator For Monroe Center, IL

There are currently 384 real estate properties in Monroe Center, IL, with a median automated valuation model (AVM) price of $214,701.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monroe Center, 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 Monroe Center, IL, is $242,943.00, with the most expensive house in Monroe Center, IL, topping out at $766,244.00 and the cheapest home in Monroe Center, IL, clocking in at $24,952.00. In other words, there’s something for every potential homebuyer or savvy investor in Monroe Center, IL!

Rent Prices In Monroe Center, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monroe Center, IL, is on a rollercoaster ride. The average rent price in Monroe Center, IL, is $1,454.00. Indeed, when looking to rent in Monroe Center, IL, you can expect to pay as little as $610.00 or as much as $2,400.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Monroe Center, 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.

Monroe Center, IL Multi-family Homes


Market Trend for Monroe Center, IL

Total Listings Available: 0

Market Values:

Home Prices from $24,952 to $766,244

Average Sales Price: $242,943

Rental Values:

Rental from $610 to $2,400

Average Rent Value: $1,454 / month

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