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Rent To Own Homes 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 $248,759.
In Monroe Center, IL, how many homes are available?
There are currently 3 active home listings available in Monroe Center.
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 $1,442,642.
What is currently the cheapest priced home in Monroe Center, IL?
The cheapest home for sale in Monroe Center is priced at $25,740.

Living in Monroe Center, IL

Monroe Center, IL, is a small, friendly village in Ogle County known for its peaceful, rural charm and strong community bonds. It offers beautiful vistas, outdoor recreational opportunities, and a historic atmosphere. Residents enjoy a tranquil lifestyle with convenient access to nearby urban amenities.

Current Market Conditions in Monroe Center, IL

Monroe Center's real estate market is currently stable, with a mix of single-family homes and small parcels of land available for sale. The area has witnessed moderate growth in home prices due to its attractive rural setting, making it an appealing choice for families and individuals seeking affordable housing options in Illinois.

Investment interest in Monroe Center has increased recently as buyers look for properties that offer land and a sense of community. With its accessibility to larger towns and the overall desirability of Ogle County, Monroe Center is becoming a viable option for first-time homebuyers and those seeking retirement properties.

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 $222,112.00. 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 $248,759.00, with the most expensive house in Monroe Center, IL, topping out at $1,442,642.00 and the cheapest home in Monroe Center, IL, clocking in at $25,740.00. 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 Rent To Own Homes

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