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As-is Deals in Paris, IL

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Paris, IL Foreclosures

Current Market Conditions in in Paris, IL As of February 2026?
Over the past month, the Paris, IL real estate market has remained steady with a slight increase in housing inventory. Home buyers are finding a variety of options available, including both newly listed homes and properties that have seen price adjustments that make them more appealing. Recent trends indicate that it is becoming a prime time for first-time home buyers to make their move before prices potentially rise. Overall, the market shows resilience despite economic fluctuations in nearby urban areas.
How much do homes sell for in Paris, IL?
The average home price is currently $109,621.
In Paris, IL, how many homes are available?
There are currently 23 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 quaint community known for its vibrant local culture, historic downtown, and lush parks. With a friendly atmosphere and a commitment to education, it offers a great place for families and individuals alike. The town's recreational opportunities and strong sense of community make it an attractive destination for new residents.

Buyer vs Seller Market in Paris, IL

The real estate market in Paris, IL has shown stability with a moderate increase in demand for homes over the last year. The small-town charm and affordability attract many prospective buyers, particularly families and retirees. Average home prices remain reasonable compared to neighboring cities, which continues to enhance interest in the area.

In recent months, there has been a noticeable uptick in home sales, influenced by increased urban migration trends as more people seek quieter lifestyles with accessible amenities. Houses that are well-maintained and suitably priced tend to sell quickly, demonstrating a competitive market dynamics.

Home Value Estimator For Paris, IL

There are currently 4,720 real estate properties in Paris, IL, with a median automated valuation model (AVM) price of $81,494.00. 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 $109,621.00, 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 As-is Deals


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