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Foreclosure Homes in Raleigh, IL

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Raleigh, IL Foreclosures

How much do homes sell for in Raleigh, IL?
The average home price is currently $136,462.
In Raleigh, IL, how many homes are available?
There are currently 33 active home listings available in Raleigh.
What’s the average rental cost in Raleigh, IL?
The average rental price in Raleigh is $973.
What is the most expensive home in Raleigh?
The most expensive home sold in Raleigh had a price of $883,841.
What is currently the cheapest priced home in Raleigh, IL?
The cheapest home for sale in Raleigh is priced at $8,997.

Living in Raleigh, IL

Raleigh, IL offers a serene and friendly environment ideal for families and individuals alike. This small town boasts a rich community spirit, beautiful parks, and access to essential amenities. Residents enjoy the slower pace of life while still having connections to nearby urban attractions.

Current Market Conditions in Raleigh, IL

The real estate market in Raleigh, IL, has shown steady growth in recent months, with low inventory driving up prices. The demand for homes in the area remains high, as many individuals seek affordable housing while still enjoying the perks of a close-knit community. Overall, Raleigh is becoming an attractive option for both new homeowners and investors looking to capitalize on a rising market.

Home Value Estimator For Raleigh, IL

There are currently 240 real estate properties in Raleigh, IL, with a median automated valuation model (AVM) price of $108,860.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Raleigh, 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 Raleigh, IL, is $136,462.00, with the most expensive house in Raleigh, IL, topping out at $883,841.00 and the cheapest home in Raleigh, IL, clocking in at $8,997.00. In other words, there’s something for every potential homebuyer or savvy investor in Raleigh, IL!

Rent Prices In Raleigh, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Raleigh, IL, is on a rollercoaster ride. The average rent price in Raleigh, IL, is $973.00. Indeed, when looking to rent in Raleigh, IL, you can expect to pay as little as $570.00 or as much as $1,610.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Raleigh, 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.

Raleigh, IL Foreclosures


Market Trend for Raleigh, IL

Total Listings Available: 33

Market Values:

Home Prices from $8,997 to $883,841

Average Sales Price: $136,462

Rental Values:

Rental from $570 to $1,610

Average Rent Value: $973 / month

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