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Foreclosures in Ransom, IL 60470

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Ransom, IL Foreclosures

How much do homes sell for in Ransom, IL?
The average home price is currently $184,619.
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 $2,082,062.
What is currently the cheapest priced home in Ransom, IL?
The cheapest home for sale in Ransom is priced at $14,920.

Living in Ransom, IL

Ransom, Illinois, is a quaint village nestled in rural America, perfect for families and individuals who appreciate a small-town atmosphere. With friendly neighbors, a serene environment, and access to outdoor activities, it embodies the charm of Midwestern living. The village is conveniently located near larger urban areas, providing both tranquility and accessibility.

Current Market Conditions in Ransom, IL

The current real estate market in Ransom shows a steady interest from buyers, particularly those looking for affordable housing. As more families seek the benefits of rural living, demand has incrementally increased, leading to a competitive but reasonable market.

Homes in Ransom are generally priced lower compared to larger cities, making it an attractive destination for first-time homeowners and those looking to downsize or relocate to a quieter area.

Home Value Estimator For Ransom, IL

There are currently 224 real estate properties in Ransom, IL, with a median automated valuation model (AVM) price of $131,220.00. 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 $184,619.00, with the most expensive house in Ransom, IL, topping out at $2,082,062.00 and the cheapest home in Ransom, IL, clocking in at $14,920.00. 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.

Ransom, IL 60470 Foreclosures


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