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Preforeclosure Homes in Orion, IL 61273

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Orion, IL Foreclosures

How much do homes sell for in Orion, IL?
The average home price is currently $240,094.
In Orion, IL, how many homes are available?
There are currently 1 active home listings available in Orion.
What’s the average rental cost in Orion, IL?
The average rental price in Orion is $1,369.
What is the most expensive home in Orion?
The most expensive home sold in Orion had a price of $3,043,642.
What is currently the cheapest priced home in Orion, IL?
The cheapest home for sale in Orion is priced at $23,190.

Living in Orion, IL

Orion, Illinois is a close-knit community that offers a charming small-town atmosphere. With its beautiful landscapes and friendly residents, it’s a great place for families and individuals alike. Enjoy local parks, community events, and the convenience of nearby amenities in this cozy village.

Current Market Conditions in Orion, IL

The real estate market in Orion, IL is currently showing signs of stability, with steady home values and a balanced inventory of available properties. The average time on the market for homes has remained consistent, indicating healthy activity among buyers and sellers. New developments in the area suggest a growing interest, making now a good time for potential investors looking to tap into this market.

A notable trend is the increase in demand for family homes, particularly those with larger yards and amenities that cater to outdoor living. Many buyers are drawn to Orion's affordability combined with its rural charm.

Home Value Estimator For Orion, IL

There are currently 1,278 real estate properties in Orion, IL, with a median automated valuation model (AVM) price of $206,202.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Orion, 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 Orion, IL, is $240,094.00, with the most expensive house in Orion, IL, topping out at $3,043,642.00 and the cheapest home in Orion, IL, clocking in at $23,190.00. In other words, there’s something for every potential homebuyer or savvy investor in Orion, IL!

Rent Prices In Orion, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Orion, IL, is on a rollercoaster ride. The average rent price in Orion, IL, is $1,369.00. Indeed, when looking to rent in Orion, IL, you can expect to pay as little as $590.00 or as much as $2,800.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Orion, 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.

Orion, IL 61273 Preforeclosure Homes


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