Otterville, IL Foreclosures
How much do homes sell for in Otterville, IL?
The average home price is currently $125,084.
What’s the average rental cost in Otterville, IL?
The average rental price in Otterville is $842.
What is the most expensive home in Otterville?
The most expensive home sold in Otterville had a price of $473,206.
What is currently the cheapest priced home in Otterville, IL?
The cheapest home for sale in Otterville is priced at $14,073.
Living in Otterville, IL
Otterville, Illinois, is a quaint village known for its serene rural living and community spirit. With charming landscapes and proximity to outdoor activities like fishing and hiking, it’s ideal for nature lovers and families. The village offers basic amenities while larger towns are nearby for more extensive services.
Current Market Conditions in Otterville, IL
The real estate market in Otterville is currently stable, with home prices reflecting the village's rural charm and affordability. Properties tend to move relatively quickly, especially those that offer land or unique features. Overall, the area is seen as appealing for buyers looking for affordability while maintaining proximity to larger urban areas.
Growing interest in rural living has led to a slight increase in demand and property values in the last few months. More families and retirees are looking to escape city life, contributing to a steady rise in the market.
Home Value Estimator For Otterville, IL
There are currently 47 real estate properties
in Otterville, IL,
with a median automated valuation model (AVM) price
of $88,421.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Otterville, 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 Otterville, IL,
is $125,084.00, with the most expensive house
in Otterville, IL, topping out
at $473,206.00 and the cheapest home
in Otterville, IL,
clocking in at $14,073.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Otterville, IL!
Rent Prices
In Otterville, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Otterville, IL, is on
a rollercoaster ride. The
average rent price in Otterville, IL,
is $842.00. Indeed, when looking to rent in
Otterville, IL, you can expect to pay as little
as $590.00 or as much
as $1,050.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Otterville, 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
