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Foreclosures in Paw Paw, IL

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Paw Paw, IL Foreclosures

How much do homes sell for in Paw Paw, IL?
The average home price is currently $243,020.
In Paw Paw, IL, how many homes are available?
There are currently 4 active home listings available in Paw Paw.
What’s the average rental cost in Paw Paw, IL?
The average rental price in Paw Paw is $1,357.
What is the most expensive home in Paw Paw?
The most expensive home sold in Paw Paw had a price of $1,972,768.
What is currently the cheapest priced home in Paw Paw, IL?
The cheapest home for sale in Paw Paw is priced at $16,160.

Living in Paw Paw, IL

Paw Paw, IL is a quaint village known for its small-town charm and community spirit. Nestled in Northern Illinois, it offers a peaceful lifestyle with easy access to outdoor activities and local amenities. The friendly atmosphere and scenic surroundings make it an ideal place for families and individuals seeking a tranquil home environment.

Current Market Conditions in Paw Paw, IL

The real estate market in Paw Paw is steadily growing, with a blend of small single-family homes and larger properties appealing to a range of buyers. Recent developments have made the area attractive for first-time buyers and investors alike, signaling positive market activity.

Homes in Paw Paw often sell within a reasonable timeframe, with moderate price growth reflecting the overall stability and appeal of the village. The market tends to favor those looking to invest in a peaceful community sans urban chaos.

Home Value Estimator For Paw Paw, IL

There are currently 578 real estate properties in Paw Paw, IL, with a median automated valuation model (AVM) price of $204,028.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Paw Paw, 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 Paw Paw, IL, is $243,020.00, with the most expensive house in Paw Paw, IL, topping out at $1,972,768.00 and the cheapest home in Paw Paw, IL, clocking in at $16,160.00. In other words, there’s something for every potential homebuyer or savvy investor in Paw Paw, IL!

Rent Prices In Paw Paw, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paw Paw, IL, is on a rollercoaster ride. The average rent price in Paw Paw, IL, is $1,357.00. Indeed, when looking to rent in Paw Paw, IL, you can expect to pay as little as $740.00 or as much as $1,960.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Paw Paw, 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.

Paw Paw, IL Foreclosures


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