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Preforeclosure Homes in Northfield, IL 60093

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Northfield, IL Foreclosures

How much do homes sell for in Northfield, IL?
The average home price is currently $1,064,111.
In Northfield, IL, how many homes are available?
There are currently 2 active home listings available in Northfield.
What’s the average rental cost in Northfield, IL?
The average rental price in Northfield is $3,023.
What is the most expensive home in Northfield?
The most expensive home sold in Northfield had a price of $15,632,252.
What is currently the cheapest priced home in Northfield, IL?
The cheapest home for sale in Northfield is priced at $18,293.

Living in Northfield, IL

Northfield, Illinois is a charming suburban village located just north of Chicago. Known for its excellent schools, beautiful parks, and close-knit community feel, Northfield provides a peaceful living environment while maintaining easy access to urban amenities. Residents enjoy a variety of shopping and dining options, along with a plethora of recreational activities.

Current Market Conditions in Northfield, IL

Currently, Northfield's real estate market is characterized by high demand and low inventory, leading to competitive bidding situations. Homes in the area are selling quickly, often at or above asking price, attributing to the village's desirable location and community amenities.

As of late 2023, there's a noticeable trend of families moving to Northfield from city neighborhoods in search of more space and a quieter lifestyle, which continues to drive up property values.

Home Value Estimator For Northfield, IL

There are currently 2,614 real estate properties in Northfield, IL, with a median automated valuation model (AVM) price of $838,532.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Northfield, 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 Northfield, IL, is $1,064,111.00, with the most expensive house in Northfield, IL, topping out at $15,632,252.00 and the cheapest home in Northfield, IL, clocking in at $18,293.00. In other words, there’s something for every potential homebuyer or savvy investor in Northfield, IL!

Rent Prices In Northfield, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Northfield, IL, is on a rollercoaster ride. The average rent price in Northfield, IL, is $3,023.00. Indeed, when looking to rent in Northfield, IL, you can expect to pay as little as $1,260.00 or as much as $5,340.00, with the average rent median estimated to be $2,950.00. The good news is that finding an affordable and desirable property to rent in Northfield, 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.

Northfield, IL 60093 Preforeclosure Homes


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