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Neoga, IL Foreclosures

Current Market Conditions in in Neoga, IL As of January 2026?
In the last month, Neoga has experienced a slight increase in average home prices as inventory remains low. This trend indicates a growing demand for real estate in the area, with many homes receiving multiple offers shortly after listing. It reflects buyers' ongoing interest in the peaceful lifestyle that Neoga offers, coupled with the affordability relative to larger nearby towns.
How much do homes sell for in Neoga, IL?
The average home price is currently $200,087.
In Neoga, IL, how many homes are available?
There are currently 2 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 $5,109,658.
What is currently the cheapest priced home in Neoga, IL?
The cheapest home for sale in Neoga is priced at $18,705.

Living in Neoga, IL

Neoga, Illinois, embodies the charm of small-town living. With its welcoming community, outdoor recreation options, and local amenities, it's an ideal place for families and retirees alike. Residents enjoy a tranquil lifestyle near nature while having access to essential services in town.

Buyer vs Seller Market in Neoga, IL

The real estate market in Neoga has remained relatively stable over the past year, with a slight increase in home prices due to low inventory and a steady demand for housing. Average home values have seen a modest uptick, making it an attractive option for buyers looking for affordable housing options in Central Illinois.

The demand for homes in Neoga has been steady, with many buyers drawn to the area's quality of life and outdoor recreational opportunities. The local market is characterized by a mix of traditional single-family homes and newer constructions, catering to diverse preferences.

Home Value Estimator For Neoga, IL

There are currently 1,431 real estate properties in Neoga, IL, with a median automated valuation model (AVM) price of $171,497.00. 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 $200,087.00, with the most expensive house in Neoga, IL, topping out at $5,109,658.00 and the cheapest home in Neoga, IL, clocking in at $18,705.00. 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.

Neoga, IL Search Results


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