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Foreclosure Homes in Phoenix, IL

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Phoenix, IL Foreclosures

Current Market Conditions in in Phoenix, IL As of March 2026?
Over the past month, Phoenix has experienced a slight uptick in home sale prices as housing demand continues to outstrip supply. Homes are spending less time on the market, indicating a competitive environment. Many properties are receiving multiple offers, particularly those in good condition and in desirable locations.
How much do homes sell for in Phoenix, IL?
The average home price is currently $120,109.
In Phoenix, IL, how many homes are available?
There are currently 31 active home listings available in Phoenix.
What’s the average rental cost in Phoenix, IL?
The average rental price in Phoenix is $1,201.
What is the most expensive home in Phoenix?
The most expensive home sold in Phoenix had a price of $1,151,701.
What is currently the cheapest priced home in Phoenix, IL?
The cheapest home for sale in Phoenix is priced at $11,091.

Living in Phoenix, IL

Phoenix, Illinois is a vibrant community located just 20 miles south of downtown Chicago. Known for its friendly atmosphere, Phoenix offers residents a suburban lifestyle with easy access to city amenities. The area is characterized by its rich history and diverse population, making it an inviting place to call home.

Buyer vs Seller Market in Phoenix, IL

Phoenix has seen gradual growth in its real estate market, driven by an increase in demand for affordable housing as families seek suburban living.

Investors are increasingly taking notice of the area, leading to a rise in property renovations and developments.

Home Value Estimator For Phoenix, IL

There are currently 863 real estate properties in Phoenix, IL, with a median automated valuation model (AVM) price of $103,210.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Phoenix, 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 Phoenix, IL, is $120,109.00, with the most expensive house in Phoenix, IL, topping out at $1,151,701.00 and the cheapest home in Phoenix, IL, clocking in at $11,091.00. In other words, there’s something for every potential homebuyer or savvy investor in Phoenix, IL!

Rent Prices In Phoenix, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Phoenix, IL, is on a rollercoaster ride. The average rent price in Phoenix, IL, is $1,201.00. Indeed, when looking to rent in Phoenix, IL, you can expect to pay as little as $750.00 or as much as $2,310.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Phoenix, 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.

Phoenix, IL Foreclosures

Market Trend for Phoenix, IL

Total Listings Available: 31

Market Values:

Home Prices from $11,091 to $1,151,701

Average Sales Price: $120,109

Rental Values:

Rental from $750 to $2,310

Average Rent Value: $1,201 / month

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