City-owned Homes And Land in New Baden, IL

Current Market Conditions in New Baden, IL

As of now, the real estate market in New Baden is stable with moderate growth trends. Home prices have shown slight appreciation over the past year, attracting both first-time buyers and investors looking to capitalize on the affordable housing market.

There has been an increase in demand for homes that offer more space, particularly with remote work becoming more commonplace among families in the area. This trend has led to a rise in the number of homes being sold, indicating a healthy market.

Rent Prices In New Baden, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Baden, IL, is on a rollercoaster ride. The average rent price in New Baden, IL, is $1,175.00. Indeed, when looking to rent in New Baden, IL, you can expect to pay as little as $680.00 or as much as $1,950.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in New Baden, 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.