New Boston, IL Foreclosures
How much do homes sell for in New Boston, IL?
The average home price is currently $119,149.
In New Boston, IL, how many homes are available?
There are currently 14 active home listings available in New Boston.
What’s the average rental cost in New Boston, IL?
The average rental price in New Boston is $1,105.
What is the most expensive home in New Boston?
The most expensive home sold in New Boston had a price of $549,954.
What is currently the cheapest priced home in New Boston, IL?
The cheapest home for sale in New Boston is priced at $13,907.
Living in New Boston, IL
New Boston, Illinois, is a charming small town along the Mississippi River, offering a cozy small-town atmosphere with community events and beautiful outdoor scenery. It features quality schools, friendly neighborhoods, and easy access to nature, making it an ideal place for families and retirees.
Current Market Conditions in New Boston, IL
The real estate market in New Boston is currently stable, with home prices showing moderate growth over the past year. The demand for homes in this quaint community has remained consistent, primarily driven by families seeking a peaceful lifestyle and retirees looking for a scenic place to settle down.
With a limited inventory of properties on the market, buyers may find themselves in a competitive environment. The average time for homes to sell has been decreasing, indicating a growing interest in the area. Additionally, young families are increasingly drawn to the town for its excellent educational offerings.
The forecast for the upcoming months suggests that home prices may continue to appreciate (subject to broader economic factors), as more people recognize the unique charm and benefits of living in New Boston.
Home Value Estimator For New Boston, IL
There are currently 627 real estate properties
in New Boston, IL,
with a median automated valuation model (AVM) price
of $96,276.00. 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 Boston, 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 Boston, IL,
is $119,149.00, with the most expensive house
in New Boston, IL, topping out
at $549,954.00 and the cheapest home
in New Boston, IL,
clocking in at $13,907.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Boston, IL!
Rent Prices
In New Boston, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Boston, IL, is on
a rollercoaster ride. The
average rent price in New Boston, IL,
is $1,105.00. Indeed, when looking to rent in
New Boston, IL, you can expect to pay as little
as $560.00 or as much
as $2,360.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in New Boston, 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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