Nilwood, IL Foreclosures
How much do homes sell for in Nilwood, IL?
The average home price is currently $110,242.
In Nilwood, IL, how many homes are available?
There are currently 140 active home listings available in Nilwood.
What’s the average rental cost in Nilwood, IL?
The average rental price in Nilwood is $832.
What is the most expensive home in Nilwood?
The most expensive home sold in Nilwood had a price of $1,212,368.
What is currently the cheapest priced home in Nilwood, IL?
The cheapest home for sale in Nilwood is priced at $19,701.
Living in Nilwood, IL
Nilwood, IL is a serene village in Macoupin County, known for its tight-knit community and peaceful atmosphere. It offers access to nature, outdoor activities, and quality education. Perfect for families and retirees looking for a quiet lifestyle.
Current Market Conditions in Nilwood, IL
The real estate market in Nilwood currently shows signs of stability, with a notable increase in interest from home buyers attracted by the affordable housing options and the village's tranquil environment. Despite being a small community, properties have been selling at competitive prices, making it a favorable market for both buyers and sellers.
Overall, Nilwood has been experiencing a steady demand for homes, reflecting the trend of families and retirees wanting to escape the hustle and bustle of larger cities. The prices remain reasonable, making this location an attractive option for those looking to invest in a peaceful residential area.
Home Value Estimator For Nilwood, IL
There are currently 92 real estate properties
in Nilwood, IL,
with a median automated valuation model (AVM) price
of $79,552.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nilwood, 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 Nilwood, IL,
is $110,242.00, with the most expensive house
in Nilwood, IL, topping out
at $1,212,368.00 and the cheapest home
in Nilwood, IL,
clocking in at $19,701.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nilwood, IL!
Rent Prices
In Nilwood, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nilwood, IL, is on
a rollercoaster ride. The
average rent price in Nilwood, IL,
is $832.00. Indeed, when looking to rent in
Nilwood, IL, you can expect to pay as little
as $670.00 or as much
as $1,800.00,
with the average rent median estimated to
be $770.00. The good news is that finding
an affordable and desirable property to rent in Nilwood, 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.
Learn more on Foreclosure homes
