Phoenix, IL Foreclosures
How much do homes sell for in Phoenix, IL?
The average home price is currently $125,317.
In Phoenix, IL, how many homes are available?
There are currently 23 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 $1,125,337.
What is currently the cheapest priced home in Phoenix, IL?
The cheapest home for sale in Phoenix is priced at $11,264.
Living in Phoenix, IL
Phoenix, IL is a small and welcoming village in Cook County offering a tight-knit community and convenient access to Chicago. Home to parks, local shops, and a variety of community events, it provides a perfect blend of suburban tranquility and urban accessibility. Its location near major transportation routes makes it ideal for commuters.
Current Market Conditions in Phoenix, IL
The current real estate market in Phoenix, IL is seeing an upward trend with increased interest from buyers looking for affordable housing options close to Chicago. Many homes in the area have been renovated, attracting first-time buyers and families seeking more space while being mindful of their budgets. The demand for homes is steady, and there are opportunities for investment, especially in single-family residences.
The market has remained competitive, with homes seeing a slight increase in value over the past year. Buyers are encouraged to act quickly, as listings often receive multiple offers, particularly for properties that are well maintained and priced correctly.
Home Value Estimator For Phoenix, IL
There are currently 861 real estate properties
in Phoenix, IL,
with a median automated valuation model (AVM) price
of $108,668.00. 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 $125,317.00, with the most expensive house
in Phoenix, IL, topping out
at $1,125,337.00 and the cheapest home
in Phoenix, IL,
clocking in at $11,264.00. 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.
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