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 serene village that offers a peaceful rural lifestyle surrounded by beautiful landscapes. With a close-knit community, residents enjoy a variety of outdoor activities and community events throughout the year. The area is ideal for families and individuals seeking a quieter pace of life while having easy access to nearby cities.
Current Market Conditions in Ransom, IL
The real estate market in Ransom is currently stable, with a mix of owner-occupied homes and rental properties. As a small village, the inventory is limited, and homes tend to sell relatively quickly, often at prices that are attractive for first-time homebuyers and families alike.
Recently, there has been a slight increase in demand for homes in Ransom as more people seek the benefits of rural living. This has resulted in a gradual appreciation in home values, making it a potentially good investment for buyers looking to find a quiet retreat away from city life.
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.
Learn more on Foreclosure homes
