Patoka, IL Foreclosures
How much do homes sell for in Patoka, IL?
The average home price is currently $159,358.
In Patoka, IL, how many homes are available?
There are currently 6 active home listings available in Patoka.
What’s the average rental cost in Patoka, IL?
The average rental price in Patoka is $924.
What is the most expensive home in Patoka?
The most expensive home sold in Patoka had a price of $920,594.
What is currently the cheapest priced home in Patoka, IL?
The cheapest home for sale in Patoka is priced at $8,955.
Living in Patoka, IL
Patoka, IL, is a quaint village that combines rural charm with a strong sense of community, making it ideal for families and individuals seeking a peaceful lifestyle. The area is known for its natural beauty and offers outdoor activities while providing convenient access to nearby urban amenities. Whether it's community events or school options, Patoka welcomes you home.
Current Market Conditions in Patoka, IL
The real estate market in Patoka remains stable, with a modest increase in home prices over the past several months. Buyers looking for affordable housing options will find the market inviting, with a diverse range of properties available, from cozy cottages to multi-bedroom family homes.
Overall, the market is characterized by a limited inventory of homes, which often leads to quicker sales than in larger cities. As interest in rural living rises, Patoka's real estate market is slowly gaining traction, attracting both first-time homebuyers and families looking to relocate.
Home Value Estimator For Patoka, IL
There are currently 491 real estate properties
in Patoka, IL,
with a median automated valuation model (AVM) price
of $124,813.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Patoka, 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 Patoka, IL,
is $159,358.00, with the most expensive house
in Patoka, IL, topping out
at $920,594.00 and the cheapest home
in Patoka, IL,
clocking in at $8,955.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Patoka, IL!
Rent Prices
In Patoka, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Patoka, IL, is on
a rollercoaster ride. The
average rent price in Patoka, IL,
is $924.00. Indeed, when looking to rent in
Patoka, IL, you can expect to pay as little
as $610.00 or as much
as $1,510.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Patoka, 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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