Norris City, IL Foreclosures
How much do homes sell for in Norris City, IL?
The average home price is currently $134,110.
In Norris City, IL, how many homes are available?
There are currently 8 active home listings available in Norris City.
What’s the average rental cost in Norris City, IL?
The average rental price in Norris City is $1,065.
What is the most expensive home in Norris City?
The most expensive home sold in Norris City had a price of $888,539.
What is currently the cheapest priced home in Norris City, IL?
The cheapest home for sale in Norris City is priced at $18,874.
Living in Norris City, IL
Norris City, Illinois, is a charming small town perfect for those seeking a peaceful rural lifestyle. With a strong sense of community, local events, and access to outdoor activities, Norris City offers a delightful mix of tranquility and connection. Its quality schools and nearby amenities make it an attractive location for families and individuals.
Current Market Conditions in Norris City, IL
The real estate market in Norris City is characterized by affordable housing options and a stable market. Properties tend to be reasonably priced, making it an attractive area for first-time homebuyers and investors seeking rental properties. Currently, the market shows promising signs of gradual growth, reflecting the town's increasing popularity.
Over the past few years, Norris City has seen modest appreciation in home values, largely attributed to its community-oriented lifestyle and available amenities. The market is also influenced by the availability of affordable land, attracting new residents who prefer a quieter setting away from bustling city life.
Home Value Estimator For Norris City, IL
There are currently 1,210 real estate properties
in Norris City, IL,
with a median automated valuation model (AVM) price
of $101,782.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Norris City, 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 Norris City, IL,
is $134,110.00, with the most expensive house
in Norris City, IL, topping out
at $888,539.00 and the cheapest home
in Norris City, IL,
clocking in at $18,874.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Norris City, IL!
Rent Prices
In Norris City, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Norris City, IL, is on
a rollercoaster ride. The
average rent price in Norris City, IL,
is $1,065.00. Indeed, when looking to rent in
Norris City, IL, you can expect to pay as little
as $570.00 or as much
as $1,960.00,
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 Norris City, 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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