Neponset, IL Foreclosures
Current Market Conditions in in Neponset, IL As of February 2026?
In the last month, Neponset has seen a slight uptick in home sales, indicating a resurgence of buyer interest as the community is gaining recognition for its affordability and strong sense of community. Multiple listings have received multiple offers, showcasing the competitive edge in this charming village. Inventory levels remain consistent, but the ongoing demand suggests a potential for price increases in the near future.
How much do homes sell for in Neponset, IL?
The average home price is currently $132,323.
What’s the average rental cost in Neponset, IL?
The average rental price in Neponset is $1,042.
What is the most expensive home in Neponset?
The most expensive home sold in Neponset had a price of $986,489.
What is currently the cheapest priced home in Neponset, IL?
The cheapest home for sale in Neponset is priced at $14,638.
Living in Neponset, IL
Neponset, IL is a serene village known for its friendly community and charming atmosphere. Located in Bureau County, it boasts parks and recreational opportunities, making it ideal for families and outdoor enthusiasts. The village is home to local businesses that provide essential services within a short distance.
Buyer vs Seller Market in Neponset, IL
The real estate market in Neponset has experienced steady growth over the past year, with a noticeable increase in demand for single-family homes. This trend is driven by buyers looking for affordable housing options in a peaceful rural setting.
As of now, homes in Neponset are priced competitively, attracting first-time buyers and families. The community's appeal includes its low crime rates and quality of life, which are important factors for prospective homeowners.
Home Value Estimator For Neponset, IL
There are currently 279 real estate properties
in Neponset, IL,
with a median automated valuation model (AVM) price
of $90,010.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Neponset, 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 Neponset, IL,
is $132,323.00, with the most expensive house
in Neponset, IL, topping out
at $986,489.00 and the cheapest home
in Neponset, IL,
clocking in at $14,638.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Neponset, IL!
Rent Prices
In Neponset, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Neponset, IL, is on
a rollercoaster ride. The
average rent price in Neponset, IL,
is $1,042.00. Indeed, when looking to rent in
Neponset, IL, you can expect to pay as little
as $620.00 or as much
as $1,820.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Neponset, 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.
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