Ransom, IL Foreclosures
How much do homes sell for in Ransom, IL?
The average home price is currently $158,222.
In Ransom, IL, how many homes are available?
There are currently 1 active home listings available in Ransom.
What’s the average rental cost in Ransom, IL?
The average rental price in Ransom is $1,221.
What is the most expensive home in Ransom?
The most expensive home sold in Ransom had a price of $578,102.
What is currently the cheapest priced home in Ransom, IL?
The cheapest home for sale in Ransom is priced at $14,826.
Living in Ransom, IL
Ransom, Illinois, is a charming small town known for its close community ties and serene rural setting. With easy access to outdoor activities and a strong educational system, Ransom is ideal for families looking for a peaceful lifestyle. Enjoy local parks, community events, and a welcoming atmosphere in this beautiful town.
Current Market Conditions in Ransom, IL
The current real estate market in Ransom is stable, with a modest supply of homes contributing to steady prices. The town has seen a slight increase in demand over the past few months, driven by families seeking a quieter lifestyle away from urban centers.
With its appealing rural charm, Ransom attracts buyers looking for affordable housing options. The market is characterized by single-family homes, many of which have spacious lots. As such, buyers can often find good value when purchasing a home in this area.
Home Value Estimator For Ransom, IL
There are currently 208 real estate properties
in Ransom, IL,
with a median automated valuation model (AVM) price
of $129,481.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ransom, 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 Ransom, IL,
is $158,222.00, with the most expensive house
in Ransom, IL, topping out
at $578,102.00 and the cheapest home
in Ransom, IL,
clocking in at $14,826.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ransom, IL!
Rent Prices
In Ransom, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ransom, IL, is on
a rollercoaster ride. The
average rent price in Ransom, IL,
is $1,221.00. Indeed, when looking to rent in
Ransom, IL, you can expect to pay as little
as $860.00 or as much
as $1,840.00,
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 Ransom, 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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