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Rent To Own Homes in Orion, IL

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Orion, IL Foreclosures

How much do homes sell for in Orion, IL?
The average home price is currently $241,791.
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 $1,368.
What is the most expensive home in Orion?
The most expensive home sold in Orion had a price of $2,671,625.
What is currently the cheapest priced home in Orion, IL?
The cheapest home for sale in Orion is priced at $23,334.

Living in Orion, IL

Orion, IL is a quaint village known for its small-town charm and close community bonds. Residents enjoy easy access to nature, local schools, and a peaceful lifestyle while being connected to larger urban areas. With various recreational activities and community events, it's an ideal spot for families looking for a relaxed living environment.

Current Market Conditions in Orion, IL

In recent months, Orion has seen a steady increase in home values, fueled by low inventory and a consistent demand for housing in the area. The market remains competitive, with buyers often facing bidding wars on desirable properties. Realtors report that homes are selling quickly, sometimes within days of listing.

The overall real estate market in Orion is thriving, with a mix of affordable homes and more upscale options available. The demand for housing has encouraged new construction in certain areas, suggesting a growing population and investment opportunities for both buyers and developers.

Home Value Estimator For Orion, IL

There are currently 1,274 real estate properties in Orion, IL, with a median automated valuation model (AVM) price of $208,529.00. 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 $241,791.00, with the most expensive house in Orion, IL, topping out at $2,671,625.00 and the cheapest home in Orion, IL, clocking in at $23,334.00. 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 $1,368.00. 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 Rent To Own Homes


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