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Foreclosure Homes in Putnam, IL 61560

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Putnam, IL Foreclosures

How much do homes sell for in Putnam, IL?
The average home price is currently $243,327.
In Putnam, IL, how many homes are available?
There are currently 37 active home listings available in Putnam.
What’s the average rental cost in Putnam, IL?
The average rental price in Putnam is $1,212.
What is the most expensive home in Putnam?
The most expensive home sold in Putnam had a price of $1,022,838.
What is currently the cheapest priced home in Putnam, IL?
The cheapest home for sale in Putnam is priced at $15,728.

Living in Putnam, IL

Putnam, IL, is a peaceful village in Illinois known for its friendly community atmosphere and scenic countryside. With access to outdoor activities and a close-knit neighborhood, it provides an ideal living environment for those seeking tranquility. Its proximity to larger towns makes it a perfect blend of serene living with convenient amenities.

Current Market Conditions in Putnam, IL

The real estate market in Putnam has seen a gradual increase in home values over the past year, reflecting a growing interest in rural living. Properties are generally very affordable, attracting buyers looking for charming homes in a tranquil setting.

Rental demand has also increased slightly, thanks to newcomers looking to explore the area. This trend indicates that the market is stabilizing and may continue to experience upward momentum.

Home Value Estimator For Putnam, IL

There are currently 726 real estate properties in Putnam, IL, with a median automated valuation model (AVM) price of $227,724.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Putnam, 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 Putnam, IL, is $243,327.00, with the most expensive house in Putnam, IL, topping out at $1,022,838.00 and the cheapest home in Putnam, IL, clocking in at $15,728.00. In other words, there’s something for every potential homebuyer or savvy investor in Putnam, IL!

Rent Prices In Putnam, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Putnam, IL, is on a rollercoaster ride. The average rent price in Putnam, IL, is $1,212.00. Indeed, when looking to rent in Putnam, IL, you can expect to pay as little as $570.00 or as much as $1,900.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Putnam, 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.

Putnam, IL 61560 Foreclosures


Market Trend for Putnam, IL

Total Listings Available: 37

Market Values:

Home Prices from $15,728 to $1,022,838

Average Sales Price: $243,327

Rental Values:

Rental from $570 to $1,900

Average Rent Value: $1,212 / month

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