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Foreclosure Homes in Paris, IL 61944

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Paris, IL Foreclosures

How much do homes sell for in Paris, IL?
The average home price is currently $106,546.
In Paris, IL, how many homes are available?
There are currently 19 active home listings available in Paris.
What’s the average rental cost in Paris, IL?
The average rental price in Paris is $996.
What is the most expensive home in Paris?
The most expensive home sold in Paris had a price of $1,997,695.
What is currently the cheapest priced home in Paris, IL?
The cheapest home for sale in Paris is priced at $14,275.

Living in Paris, IL

Paris, IL is a welcoming community known for its historical charm and outdoor activities. With great local amenities and a family-friendly atmosphere, it offers an appealing option for those looking to invest in real estate. The town prides itself on its close-knit community feel and quality education options.

Current Market Conditions in Paris, IL

The real estate market in Paris, IL has shown steady growth, with an increase in demand for single-family homes in recent years. Prices have remained relatively affordable compared to larger urban areas, making this a prime opportunity for real estate investors looking for manageable investment properties.

There is a growing trend of young families and retired individuals moving to the area for its tranquility and community-oriented lifestyle. As the population stabilizes, rental properties are also becoming more favorable, ensuring a solid return on investment.

Home Value Estimator For Paris, IL

There are currently 4,589 real estate properties in Paris, IL, with a median automated valuation model (AVM) price of $81,594.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Paris, 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 Paris, IL, is $106,546.00, with the most expensive house in Paris, IL, topping out at $1,997,695.00 and the cheapest home in Paris, IL, clocking in at $14,275.00. In other words, there’s something for every potential homebuyer or savvy investor in Paris, IL!

Rent Prices In Paris, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paris, IL, is on a rollercoaster ride. The average rent price in Paris, IL, is $996.00. Indeed, when looking to rent in Paris, IL, you can expect to pay as little as $580.00 or as much as $2,220.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Paris, 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.

Paris, IL 61944 Foreclosures


Market Trend for Paris, IL

Total Listings Available: 19

Market Values:

Home Prices from $14,275 to $1,997,695

Average Sales Price: $106,546

Rental Values:

Rental from $580 to $2,220

Average Rent Value: $996 / month

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