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Foreclosures in Phoenix, IL

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Phoenix, IL Foreclosures

How much do homes sell for in Phoenix, IL?
The average home price is currently $133,454.
In Phoenix, IL, how many homes are available?
There are currently 1 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 $1,110,487.
What is currently the cheapest priced home in Phoenix, IL?
The cheapest home for sale in Phoenix is priced at $11,409.

Living in Phoenix, IL

Phoenix, IL, is a suburban village just south of Chicago known for its affordable housing, community-oriented lifestyle, and access to urban amenities. Residents can enjoy parks, schools, and the convenience of nearby city life, while still experiencing the warmth of a small-town atmosphere.

Current Market Conditions in Phoenix, IL

The real estate market in Phoenix has seen steady growth, with homes available at competitive prices compared to nearby areas. The affordability factor continues to draw in new residents and investors, making it an attractive place for those seeking value without sacrificing convenience.

There is a steady demand for homes in Phoenix, fueled by a mix of first-time buyers and families wanting to escape the hustle and bustle of Chicago, driving home values up modestly over the past year.

Home Value Estimator For Phoenix, IL

There are currently 858 real estate properties in Phoenix, IL, with a median automated valuation model (AVM) price of $118,311.00. 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 $133,454.00, with the most expensive house in Phoenix, IL, topping out at $1,110,487.00 and the cheapest home in Phoenix, IL, clocking in at $11,409.00. 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

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