Mount Erie, IL Foreclosures
How much do homes sell for in Mount Erie, IL?
The average home price is currently $196,666.
In Mount Erie, IL, how many homes are available?
There are currently 24 active home listings available in Mount Erie.
What’s the average rental cost in Mount Erie, IL?
The average rental price in Mount Erie is $855.
What is the most expensive home in Mount Erie?
The most expensive home sold in Mount Erie had a price of $807,516.
What is currently the cheapest priced home in Mount Erie, IL?
The cheapest home for sale in Mount Erie is priced at $18,285.
Living in Mount Erie, IL
Mount Erie, IL is a serene rural community that offers a tranquil lifestyle. Known for its strong sense of community, residents enjoy outdoor activities and a supportive local atmosphere. With great schools and beautiful countryside, it's perfect for families and those looking to escape the city.
Current Market Conditions in Mount Erie, IL
The real estate market in Mount Erie currently reflects a stable environment, with modest fluctuations in property values. Potential buyers can find a range of home styles, from quaint cottages to larger family homes, which cater to different needs and budgets in this serene community.
Recently, there is a growing interest in the rural lifestyle, making it an attractive option for buyers seeking peace and tranquility. The number of properties available has slightly increased, providing more opportunities for potential homeowners.
Home Value Estimator For Mount Erie, IL
There are currently 128 real estate properties
in Mount Erie, IL,
with a median automated valuation model (AVM) price
of $146,071.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mount Erie, 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 Mount Erie, IL,
is $196,666.00, with the most expensive house
in Mount Erie, IL, topping out
at $807,516.00 and the cheapest home
in Mount Erie, IL,
clocking in at $18,285.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mount Erie, IL!
Rent Prices
In Mount Erie, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mount Erie, IL, is on
a rollercoaster ride. The
average rent price in Mount Erie, IL,
is $855.00. Indeed, when looking to rent in
Mount Erie, IL, you can expect to pay as little
as $610.00 or as much
as $1,480.00,
with the average rent median estimated to
be $810.00. The good news is that finding
an affordable and desirable property to rent in Mount Erie, 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
