Park City, IL Foreclosures
How much do homes sell for in Park City, IL?
The average home price is currently $371,117.
What’s the average rental cost in Park City, IL?
The average rental price in Park City is $1,383.
What is the most expensive home in Park City?
The most expensive home sold in Park City had a price of $27,104,871.
What is currently the cheapest priced home in Park City, IL?
The cheapest home for sale in Park City is priced at $17,281.
Living in Park City, IL
Park City, IL is a charming suburban community known for its welcoming neighborhoods and accessibility to parks and recreational areas. The city combines small-town feel with suburban amenities, appealing to families and outdoor enthusiasts alike.
Current Market Conditions in Park City, IL
The real estate market in Park City has seen a steady increase in home values over the past few years, driven by a growing interest in suburban living post-pandemic. With a range of homes available, from cozy single-family houses to larger properties, buyers have diverse options depending on their needs and budgets.
The demand for homes in Park City remains strong, particularly among first-time buyers drawn to the area's affordability compared to nearby cities. This trend is expected to continue as more individuals and families look for spaces that offer community, affordability, and access to outdoor activities.
Home Value Estimator For Park City, IL
There are currently 429 real estate properties
in Park City, IL,
with a median automated valuation model (AVM) price
of $267,451.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Park City, 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 Park City, IL,
is $371,117.00, with the most expensive house
in Park City, IL, topping out
at $27,104,871.00 and the cheapest home
in Park City, IL,
clocking in at $17,281.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Park City, IL!
Rent Prices
In Park City, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Park City, IL, is on
a rollercoaster ride. The
average rent price in Park City, IL,
is $1,383.00. Indeed, when looking to rent in
Park City, IL, you can expect to pay as little
as $1,220.00 or as much
as $1,770.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Park City, 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.
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