Parkersburg, IL Foreclosures
Current Market Conditions in in Parkersburg, IL As of February 2026?
Over the last month, the real estate market in Parkersburg has seen modest increases in home prices, attributed to heightened interest from buyers. The inventory remains relatively low, leading to competitive bidding in certain segments, particularly for family-sized homes. Newly developed listings are attracting attention, suggesting a healthy movement in the market as buyers take advantage of favorable interest rates. Neighborhoods have seen a mix of renovations and new constructions, reflecting the area's overall growth.
How much do homes sell for in Parkersburg, IL?
The average home price is currently $131,663.
In Parkersburg, IL, how many homes are available?
There are currently 1 active home listings available in Parkersburg.
What’s the average rental cost in Parkersburg, IL?
The average rental price in Parkersburg is $994.
What is the most expensive home in Parkersburg?
The most expensive home sold in Parkersburg had a price of $620,078.
What is currently the cheapest priced home in Parkersburg, IL?
The cheapest home for sale in Parkersburg is priced at $14,768.
Living in Parkersburg, IL
Parkersburg, IL, is a small village that offers a serene rural lifestyle with community-focused living. It features beautiful outdoor spaces, local eateries, and a range of amenities that cater to families and individuals looking for a peaceful place to call home.
Buyer vs Seller Market in Parkersburg, IL
The real estate market in Parkersburg is stable, with a mix of affordable housing options and more upscale homes. The demand for real estate in this area has remained consistent, attributed to its appealing lifestyle and community spirit.
Currently, home prices are appreciating slowly but steadily, making it a great time for buyers looking to invest in residential properties. The rental market is also growing as more people seek a quieter lifestyle away from bustling cities.
Home Value Estimator For Parkersburg, IL
There are currently 168 real estate properties
in Parkersburg, IL,
with a median automated valuation model (AVM) price
of $81,930.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Parkersburg, 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 Parkersburg, IL,
is $131,663.00, with the most expensive house
in Parkersburg, IL, topping out
at $620,078.00 and the cheapest home
in Parkersburg, IL,
clocking in at $14,768.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Parkersburg, IL!
Rent Prices
In Parkersburg, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Parkersburg, IL, is on
a rollercoaster ride. The
average rent price in Parkersburg, IL,
is $994.00. Indeed, when looking to rent in
Parkersburg, IL, you can expect to pay as little
as $760.00 or as much
as $1,980.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Parkersburg, 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.