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Foreclosure Homes in Mundelein, IL

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Mundelein, IL Foreclosures

How much do homes sell for in Mundelein, IL?
The average home price is currently $439,649.
In Mundelein, IL, how many homes are available?
There are currently 249 active home listings available in Mundelein.
What’s the average rental cost in Mundelein, IL?
The average rental price in Mundelein is $1,946.
What is the most expensive home in Mundelein?
The most expensive home sold in Mundelein had a price of $23,637,836.
What is currently the cheapest priced home in Mundelein, IL?
The cheapest home for sale in Mundelein is priced at $15,335.

Living in Mundelein, IL

Mundelein, IL is a charming suburb known for its strong community spirit and access to excellent amenities. The area features beautiful parks, top-rated schools, and a variety of shopping and dining opportunities. It is ideal for families, seniors, and anyone looking for a welcoming place to live.

Current Market Conditions in Mundelein, IL

The real estate market in Mundelein is currently showing a steady increase in home prices, driven by strong demand and limited inventory. This trend indicates a competitive environment for buyers, making it an opportune time for sellers to enter the market.

Neighborhoods in Mundelein are experiencing growth, with many young professionals and families relocating to the area. This influx is contributing to a heightened demand for residential properties and spurring new construction projects.

Home Value Estimator For Mundelein, IL

There are currently 12,726 real estate properties in Mundelein, IL, with a median automated valuation model (AVM) price of $362,771.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mundelein, 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 Mundelein, IL, is $439,649.00, with the most expensive house in Mundelein, IL, topping out at $23,637,836.00 and the cheapest home in Mundelein, IL, clocking in at $15,335.00. In other words, there’s something for every potential homebuyer or savvy investor in Mundelein, IL!

Rent Prices In Mundelein, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mundelein, IL, is on a rollercoaster ride. The average rent price in Mundelein, IL, is $1,946.00. Indeed, when looking to rent in Mundelein, IL, you can expect to pay as little as $820.00 or as much as $4,140.00, with the average rent median estimated to be $1,800.00. The good news is that finding an affordable and desirable property to rent in Mundelein, 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.

Mundelein, IL Foreclosures

Market Trend for Mundelein, IL

Total Listings Available: 249

Market Values:

Home Prices from $15,335 to $23,637,836

Average Sales Price: $439,649

Rental Values:

Rental from $820 to $4,140

Average Rent Value: $1,946 / month

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