Olmsted, IL Foreclosures
How much do homes sell for in Olmsted, IL?
The average home price is currently $89,780.
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 $244,902.
What is currently the cheapest priced home in Olmsted, IL?
The cheapest home for sale in Olmsted is priced at $30,479.
Living in Olmsted, IL
Olmsted, IL, is a serene community known for its friendly atmosphere and beautiful natural surroundings. The area provides a wide range of recreational opportunities and has strong educational institutions, making it ideal for families and individuals alike. With convenient access to essential amenities, Olmsted is perfect for those seeking a cozy place to call home.
Current Market Conditions in Olmsted, IL
The real estate market in Olmsted is currently stable, with a steady demand for properties in the area. With favorable pricing and an appealing lifestyle, prospective homeowners and investors alike are finding this community an attractive option for investment.
Recent trends indicate an increase in home values, reflecting the continued interest in this community. The demand for homes is outpacing the available inventory, making it a favorable time for sellers while still offering opportunities for buyers to find value in this desirable location.
Home Value Estimator For Olmsted, IL
There are currently 122 real estate properties
in Olmsted, IL,
with a median automated valuation model (AVM) price
of $74,112.00. 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 $89,780.00, with the most expensive house
in Olmsted, IL, topping out
at $244,902.00 and the cheapest home
in Olmsted, IL,
clocking in at $30,479.00. 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.