Olmsted, IL Foreclosures
How much do homes sell for in Olmsted, IL?
The average home price is currently $91,498.
In Olmsted, IL, how many homes are available?
There are currently 1 active home listings available in Olmsted.
What’s the average rental cost in Olmsted, IL?
The average rental price in Olmsted is $987.
What is the most expensive home in Olmsted?
The most expensive home sold in Olmsted had a price of $243,171.
What is currently the cheapest priced home in Olmsted, IL?
The cheapest home for sale in Olmsted is priced at $31,144.
Living in Olmsted, IL
Olmsted, IL is a quaint rural town offering a quiet lifestyle and a close-knit community feel. Surrounded by scenic farmland and parks, residents enjoy ample outdoor activities while still remaining connected to larger urban centers nearby. This location is ideal for those seeking tranquility away from city life.
Current Market Conditions in Olmsted, IL
The real estate market in Olmsted, IL has remained stable with a steady demand for homes in the area. Recent trends show an increase in interest from families looking for affordable housing options just outside the metropolitan hustle, leading to a gradual rise in home values.
With a limited number of listings, buyers often find that homes sell quickly, especially those that offer modern amenities and larger plots of land. The market is becoming increasingly competitive as more people seek the charm of rural living.
Home Value Estimator For Olmsted, IL
There are currently 124 real estate properties
in Olmsted, IL,
with a median automated valuation model (AVM) price
of $76,759.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Olmsted, 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 Olmsted, IL,
is $91,498.00, with the most expensive house
in Olmsted, IL, topping out
at $243,171.00 and the cheapest home
in Olmsted, IL,
clocking in at $31,144.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Olmsted, IL!
Rent Prices
In Olmsted, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Olmsted, IL, is on
a rollercoaster ride. The
average rent price in Olmsted, IL,
is $987.00. Indeed, when looking to rent in
Olmsted, IL, you can expect to pay as little
as $750.00 or as much
as $1,400.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Olmsted, 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
