New Bedford, IL Foreclosures
Current Market Conditions in in New Bedford, IL As of January 2026?
Over the past month, New Bedford has seen a modest uptick in home prices, averaging a 2% increase from the previous month. Demand remains robust, particularly for family-oriented homes with ample outdoor space. The number of homes sold has seen stability, indicating that buyers are willing to pay competitive prices to secure properties in this desirable area.
How much do homes sell for in New Bedford, IL?
The average home price is currently $90,696.
What’s the average rental cost in New Bedford, IL?
The average rental price in New Bedford is $977.
What is the most expensive home in New Bedford?
The most expensive home sold in New Bedford had a price of $305,580.
What is currently the cheapest priced home in New Bedford, IL?
The cheapest home for sale in New Bedford is priced at $21,486.
Living in New Bedford, IL
New Bedford, IL is a warm and welcoming small town that offers a serene lifestyle amid stunning natural beauty. With a tight-knit community, residents enjoy close relationships and various local events. The town is perfect for outdoor enthusiasts with numerous recreational opportunities nearby.
Buyer vs Seller Market in New Bedford, IL
The current real estate market in New Bedford, IL shows signs of stabilization, with a slight increase in property values over the past few months. The inventory for homes remains relatively low, which has created a competitive environment for buyers. With more families looking to settle in smaller towns, New Bedford is becoming an attractive option for those seeking affordability and community.
Recent trends suggest that buyers are interested in homes that offer larger yards and more space, which is typical for suburban and rural areas. Areas surrounding New Bedford are witnessing growth, as more individuals look for homes with easy access to nature and outdoor activities.
Home Value Estimator For New Bedford, IL
There are currently 34 real estate properties
in New Bedford, IL,
with a median automated valuation model (AVM) price
of $80,702.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in New Bedford, 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 New Bedford, IL,
is $90,696.00, with the most expensive house
in New Bedford, IL, topping out
at $305,580.00 and the cheapest home
in New Bedford, IL,
clocking in at $21,486.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Bedford, IL!
Rent Prices
In New Bedford, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Bedford, IL, is on
a rollercoaster ride. The
average rent price in New Bedford, IL,
is $977.00. Indeed, when looking to rent in
New Bedford, IL, you can expect to pay as little
as $660.00 or as much
as $1,450.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in New Bedford, 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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