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Preforeclosure Homes in Mt Zion, IL

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Living in Mt Zion, IL

Mt. Zion, Illinois, is a cozy residential area with a strong sense of community. Known for its friendly atmosphere and convenient amenities, it offers a peaceful retreat with easy access to Decatur's resources. With a mix of parks, schools, and local businesses, it's a perfect place for families and those seeking a tranquil lifestyle.

Current Market Conditions in Mt Zion, IL

The real estate market in Mt. Zion is currently stable with modest growth trends, attracting both first-time buyers and investors. The combination of affordable home prices and a community-driven atmosphere continues to appeal to many residential buyers.

Recently, there has been an increase in demand for single-family homes in the area, leading to slight price upticks as inventory remains relatively low. This trend is encouraging property owners to invest in renovations to maximize their property value.

Home Value Estimator For Mt Zion, IL

There are currently 326 real estate properties in Mt Zion, IL, with a median automated valuation model (AVM) price of $320,985.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mt Zion, 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 Mt Zion, IL, is $323,474.00, with the most expensive house in Mt Zion, IL, topping out at $1,077,020.00 and the cheapest home in Mt Zion, IL, clocking in at $11,496.00. In other words, there’s something for every potential homebuyer or savvy investor in Mt Zion, IL!

Rent Prices In Mt Zion, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mt Zion, IL, is on a rollercoaster ride. The average rent price in Mt Zion, IL, is $1,524.00. Indeed, when looking to rent in Mt Zion, IL, you can expect to pay as little as $920.00 or as much as $2,460.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Mt Zion, 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.

Mt Zion, IL Preforeclosure Homes


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