Mounds, IL Foreclosures
How much do homes sell for in Mounds, IL?
The average home price is currently $80,267.
In Mounds, IL, how many homes are available?
There are currently 8 active home listings available in Mounds.
What’s the average rental cost in Mounds, IL?
The average rental price in Mounds is $1,140.
What is the most expensive home in Mounds?
The most expensive home sold in Mounds had a price of $257,072.
What is currently the cheapest priced home in Mounds, IL?
The cheapest home for sale in Mounds is priced at $19,430.
Living in Mounds, IL
Mounds, IL, is a quaint rural community with a rich natural landscape and a close-knit atmosphere. It offers a peaceful lifestyle perfect for those looking to escape the hustle and bustle of city living. Known for its friendly residents and local charm, Mounds is a hidden gem in southern Illinois.
Current Market Conditions in Mounds, IL
The real estate market in Mounds, IL, has shown moderate activity, with an increasing interest in affordable rural properties. Homebuyers are often searching for value in less populated areas, and Mounds has become appealing due to its low cost of living and available homes. Listings typically attract first-time buyers and those looking to relocate to a quieter setting.
Overall, properties in Mounds are experiencing a steady demand, with sellers holding strong on pricing. However, the limited inventory has resulted in some competition, especially for well-kept homes that provide more land and outdoor space.
Home Value Estimator For Mounds, IL
There are currently 336 real estate properties
in Mounds, IL,
with a median automated valuation model (AVM) price
of $64,937.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mounds, 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 Mounds, IL,
is $80,267.00, with the most expensive house
in Mounds, IL, topping out
at $257,072.00 and the cheapest home
in Mounds, IL,
clocking in at $19,430.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mounds, IL!
Rent Prices
In Mounds, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mounds, IL, is on
a rollercoaster ride. The
average rent price in Mounds, IL,
is $1,140.00. Indeed, when looking to rent in
Mounds, IL, you can expect to pay as little
as $730.00 or as much
as $1,520.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Mounds, 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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