Pearl, IL Foreclosures
How much do homes sell for in Pearl, IL?
The average home price is currently $173,309.
What’s the average rental cost in Pearl, IL?
The average rental price in Pearl is $882.
What is the most expensive home in Pearl?
The most expensive home sold in Pearl had a price of $658,045.
What is currently the cheapest priced home in Pearl, IL?
The cheapest home for sale in Pearl is priced at $12,862.
Living in Pearl, IL
Pearl, IL is a quaint and inviting village known for its scenic surroundings and tight-knit community. Residents enjoy a variety of outdoor activities and a low cost of living. It’s an ideal location for families and retirees seeking tranquility and simplicity.
Current Market Conditions in Pearl, IL
The real estate market in Pearl has remained stable over the past few years, with a modest supply of homes and a steady demand attracting both families and investors. Pricing is generally affordable compared to other nearby towns, making it an appealing place for first-time homebuyers.
With more remote work opportunities emerging, we have seen an uptick in interest for homes in rural settings like Pearl, where people are looking for more space and a quieter lifestyle. Recent trends indicate that homes with outdoor spaces or proximity to recreational areas are in higher demand.
Home Value Estimator For Pearl, IL
There are currently 185 real estate properties
in Pearl, IL,
with a median automated valuation model (AVM) price
of $134,065.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pearl, 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 Pearl, IL,
is $173,309.00, with the most expensive house
in Pearl, IL, topping out
at $658,045.00 and the cheapest home
in Pearl, IL,
clocking in at $12,862.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pearl, IL!
Rent Prices
In Pearl, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pearl, IL, is on
a rollercoaster ride. The
average rent price in Pearl, IL,
is $882.00. Indeed, when looking to rent in
Pearl, IL, you can expect to pay as little
as $600.00 or as much
as $1,400.00,
with the average rent median estimated to
be $810.00. The good news is that finding
an affordable and desirable property to rent in Pearl, 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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