Pontoon Beach, IL Foreclosures
How much do homes sell for in Pontoon Beach, IL?
The average home price is currently $218,116.
In Pontoon Beach, IL, how many homes are available?
There are currently 3 active home listings available in Pontoon Beach.
What’s the average rental cost in Pontoon Beach, IL?
The average rental price in Pontoon Beach is $1,084.
What is the most expensive home in Pontoon Beach?
The most expensive home sold in Pontoon Beach had a price of $905,050.
What is currently the cheapest priced home in Pontoon Beach, IL?
The cheapest home for sale in Pontoon Beach is priced at $15,179.
Living in Pontoon Beach, IL
Pontoon Beach is a small, welcoming community in Madison County, conveniently located just a short drive from the city of St. Louis. Known for its family-friendly atmosphere, the area offers various parks and recreational activities, making it a perfect place for outdoor enthusiasts. With a mix of residential options and accessible amenities, Pontoon Beach is an attractive location for homebuyers.
Current Market Conditions in Pontoon Beach, IL
The real estate market in Pontoon Beach has shown steady resilience, with increasing interest from homebuyers seeking more affordable living options close to larger cities. While the area has traditionally maintained a modest price point, recent trends indicate a surge in demand, partly due to the area's proximity to St. Louis. This has led to competitive bidding situations in recent months, particularly for single-family homes. As more buyers are drawn to the area, a slight increase in property values has been observed.
In addition, there is a growing trend of renovations and new constructions, transitioning some neighborhoods into more modern living spaces while still retaining their charm. Sellers are finding favorable conditions as homes are selling quickly, making now an ideal time for homeowners to consider listing their properties.
Home Value Estimator For Pontoon Beach, IL
There are currently 154 real estate properties
in Pontoon Beach, IL,
with a median automated valuation model (AVM) price
of $229,021.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pontoon Beach, 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 Pontoon Beach, IL,
is $218,116.00, with the most expensive house
in Pontoon Beach, IL, topping out
at $905,050.00 and the cheapest home
in Pontoon Beach, IL,
clocking in at $15,179.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pontoon Beach, IL!
Rent Prices
In Pontoon Beach, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pontoon Beach, IL, is on
a rollercoaster ride. The
average rent price in Pontoon Beach, IL,
is $1,084.00. Indeed, when looking to rent in
Pontoon Beach, IL, you can expect to pay as little
as $720.00 or as much
as $1,880.00,
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 Pontoon Beach, 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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