Neoga, IL Foreclosures
How much do homes sell for in Neoga, IL?
The average home price is currently $189,726.
In Neoga, IL, how many homes are available?
There are currently 6 active home listings available in Neoga.
What’s the average rental cost in Neoga, IL?
The average rental price in Neoga is $1,128.
What is the most expensive home in Neoga?
The most expensive home sold in Neoga had a price of $862,699.
What is currently the cheapest priced home in Neoga, IL?
The cheapest home for sale in Neoga is priced at $18,799.
Living in Neoga, IL
Neoga is a peaceful rural town located in central Illinois, known for its close-knit community and rich history. The area offers a serene lifestyle with a perfect blend of modern amenities and natural beauty. Residents enjoy access to various outdoor activities including fishing, hiking, and community events throughout the year.
Current Market Conditions in Neoga, IL
The real estate market in Neoga is characterized by affordable housing options, making it an attractive place for first-time buyers and retirees. The cost of living is lower compared to urban counterparts, which encourages new residents and investment in the area.
Recently, there has been an increase in interest for family homes, as more people look toward rural living. This trend has led to a slight rise in home values, but properties still remain reasonably priced, keeping Neoga an appealing location for many.
Home Value Estimator For Neoga, IL
There are currently 1,255 real estate properties
in Neoga, IL,
with a median automated valuation model (AVM) price
of $165,815.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Neoga, 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 Neoga, IL,
is $189,726.00, with the most expensive house
in Neoga, IL, topping out
at $862,699.00 and the cheapest home
in Neoga, IL,
clocking in at $18,799.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Neoga, IL!
Rent Prices
In Neoga, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Neoga, IL, is on
a rollercoaster ride. The
average rent price in Neoga, IL,
is $1,128.00. Indeed, when looking to rent in
Neoga, IL, you can expect to pay as little
as $570.00 or as much
as $1,880.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Neoga, 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.