Living in Oneida, IL
Oneida, IL is a charming small town with a close-knit community and a peaceful environment. It features outdoor activities along the Spoon River and is committed to providing quality education through local schools. Conveniently located near larger cities, Oneida offers an ideal balance of tranquility and accessibility.
Current Market Conditions in Oneida, IL
The real estate market in Oneida has shown a stable growth trend over the past few years. The small-town charm, combined with affordable housing options, makes it an attractive choice for young families and retirees alike. With low inventory rates driving up demand, the market conditions remain favorable for sellers, while buyers have an assortment of properties to consider.
Increasing interest in rural living has also impacted Oneida's market, as more people are looking to move away from congested urban areas. As a result, the community has seen a rise in home renovations and new constructions, contributing positively to property values.
Home Value Estimator For Oneida, IL
There are currently 488 real estate properties
in Oneida, IL,
with a median automated valuation model (AVM) price
of $121,923.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oneida, 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 Oneida, IL,
is $172,456.00, with the most expensive house
in Oneida, IL, topping out
at $1,822,872.00 and the cheapest home
in Oneida, IL,
clocking in at $12,451.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oneida, IL!
Rent Prices
In Oneida, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oneida, IL, is on
a rollercoaster ride. The
average rent price in Oneida, IL,
is $1,144.00. Indeed, when looking to rent in
Oneida, IL, you can expect to pay as little
as $680.00 or as much
as $2,280.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Oneida, 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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