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Bankruptcy Homes in Montgomery, IL

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Montgomery, IL Foreclosures

How much do homes sell for in Montgomery, IL?
The average home price is currently $357,575.
In Montgomery, IL, how many homes are available?
There are currently 57 active home listings available in Montgomery.
What’s the average rental cost in Montgomery, IL?
The average rental price in Montgomery is $1,640.
What is the most expensive home in Montgomery?
The most expensive home sold in Montgomery had a price of $25,328,306.
What is currently the cheapest priced home in Montgomery, IL?
The cheapest home for sale in Montgomery is priced at $22,446.

Living in Montgomery, IL

Montgomery, IL is a quaint suburb with a rich community feel and a range of amenities. With great schools, parks, and local shopping, it offers a perfect mix of suburban living just outside Chicago. The area is well-connected to transportation options, making it an ideal place for both families and commuters.

Current Market Conditions in Montgomery, IL

The Montgomery real estate market has shown a steady appreciation in home values, driven by a growing population and demand for housing within the area. Homes here often reflect a good balance of affordability combined with nearby amenities, appealing to first-time home buyers and families.

Home Value Estimator For Montgomery, IL

There are currently 9,368 real estate properties in Montgomery, IL, with a median automated valuation model (AVM) price of $314,395.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montgomery, 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 Montgomery, IL, is $357,575.00, with the most expensive house in Montgomery, IL, topping out at $25,328,306.00 and the cheapest home in Montgomery, IL, clocking in at $22,446.00. In other words, there’s something for every potential homebuyer or savvy investor in Montgomery, IL!

Rent Prices In Montgomery, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montgomery, IL, is on a rollercoaster ride. The average rent price in Montgomery, IL, is $1,640.00. Indeed, when looking to rent in Montgomery, IL, you can expect to pay as little as $910.00 or as much as $3,900.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Montgomery, 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.

Montgomery, IL Bankruptcy Homes


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