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Foreclosure Homes in Nilwood, IL 62672

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Nilwood, IL Foreclosures

How much do homes sell for in Nilwood, IL?
The average home price is currently $108,519.
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 $1,215,435.
What is currently the cheapest priced home in Nilwood, IL?
The cheapest home for sale in Nilwood is priced at $19,692.

Living in Nilwood, IL

Nilwood, IL is a quaint village offering a peaceful lifestyle amidst scenic countryside. With its close-knit community and access to outdoor activities, it's an ideal location for families and nature lovers alike. The village provides essential amenities while being conveniently located near larger cities for additional services and attractions.

Current Market Conditions in Nilwood, IL

Nilwood's real estate market is currently experiencing gradual growth, with an increase in interest from homebuyers seeking affordable housing options in peaceful rural settings. The demand for homes has been relatively stable, attracting families looking for spacious lots and agricultural land.

The availability of homes in Nilwood remains limited, leading to competitive pricing in the market. The area is seeing a mix of traditional single-family homes and newer constructions, as more buyers become interested in the rural lifestyle.

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 $76,931.00. 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 $108,519.00, with the most expensive house in Nilwood, IL, topping out at $1,215,435.00 and the cheapest home in Nilwood, IL, clocking in at $19,692.00. 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.

Nilwood, IL 62672 Foreclosures

Market Trend for Nilwood, IL

Total Listings Available: 0

Market Values:

Home Prices from $19,692 to $1,215,435

Average Sales Price: $108,519

Rental Values:

Rental from $670 to $1,800

Average Rent Value: $832 / month

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