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Preforeclosure Homes in Norridge, IL 60706

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Norridge, IL Foreclosures

How much do homes sell for in Norridge, IL?
The average home price is currently $443,295.
In Norridge, IL, how many homes are available?
There are currently 16 active home listings available in Norridge.
What’s the average rental cost in Norridge, IL?
The average rental price in Norridge is $1,896.
What is the most expensive home in Norridge?
The most expensive home sold in Norridge had a price of $10,517,100.
What is currently the cheapest priced home in Norridge, IL?
The cheapest home for sale in Norridge is priced at $61,657.

Living in Norridge, IL

Norridge, IL, offers a tranquil suburban environment with easy access to Chicago's urban amenities. Families appreciate the outstanding schools and the plethora of parks. With local businesses and community events, residents enjoy a tight-knit community atmosphere.

Current Market Conditions in Norridge, IL

The real estate market in Norridge, IL, has been stable over the past few months, with a slight increase in home values due to demand for family-friendly neighborhoods. Inventory levels are moderate, providing a good selection of homes for buyers while still experiencing competition in desirable price ranges.

Home Value Estimator For Norridge, IL

There are currently 5,652 real estate properties in Norridge, IL, with a median automated valuation model (AVM) price of $412,511.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norridge, 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 Norridge, IL, is $443,295.00, with the most expensive house in Norridge, IL, topping out at $10,517,100.00 and the cheapest home in Norridge, IL, clocking in at $61,657.00. In other words, there’s something for every potential homebuyer or savvy investor in Norridge, IL!

Rent Prices In Norridge, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norridge, IL, is on a rollercoaster ride. The average rent price in Norridge, IL, is $1,896.00. Indeed, when looking to rent in Norridge, IL, you can expect to pay as little as $850.00 or as much as $2,760.00, with the average rent median estimated to be $1,970.00. The good news is that finding an affordable and desirable property to rent in Norridge, 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.

Norridge, IL 60706 Preforeclosure Homes


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