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Condo Foreclosures in Raymond, IL 62560

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Raymond, IL Foreclosures

Current Market Conditions in in Raymond, IL As of January 2026?
Over the past month, the real estate market in Raymond has remained relatively stable, with only minor fluctuations in home prices. Inventory levels are consistent, and homes are still selling within a reasonable timeframe, indicating that buyer interest persists. The average days on the market has not seen significant change, suggesting that buyers are still keen on this area, but the pace of sales is steady rather than fast-paced.
How much do homes sell for in Raymond, IL?
The average home price is currently $193,857.
What’s the average rental cost in Raymond, IL?
The average rental price in Raymond is $1,002.
What is the most expensive home in Raymond?
The most expensive home sold in Raymond had a price of $2,330,731.
What is currently the cheapest priced home in Raymond, IL?
The cheapest home for sale in Raymond is priced at $10,810.

Living in Raymond, IL

Raymond, IL is a quaint and friendly town known for its welcoming atmosphere and community events. With various local amenities and recreational opportunities, the area is well-suited for families and individuals seeking a peaceful lifestyle. Its strategic location provides easy access to larger urban centers, making it a desirable place to call home.

Buyer vs Seller Market in Raymond, IL

The current real estate market in Raymond showcases a stable environment with steady demand primarily from local buyers seeking comfortable family homes. The community has seen a gradual increase in property values over the past few years, following broader trends in suburban living as people seek more space and affordable options.

Investors are becoming more interested in the market due to its affordability compared to nearby metropolitan areas. This has led to increased home renovation projects, as both buyers and investors recognize the potential for growth in the local market.

Home Value Estimator For Raymond, IL

There are currently 679 real estate properties in Raymond, IL, with a median automated valuation model (AVM) price of $141,348.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Raymond, 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 Raymond, IL, is $193,857.00, with the most expensive house in Raymond, IL, topping out at $2,330,731.00 and the cheapest home in Raymond, IL, clocking in at $10,810.00. In other words, there’s something for every potential homebuyer or savvy investor in Raymond, IL!

Rent Prices In Raymond, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Raymond, IL, is on a rollercoaster ride. The average rent price in Raymond, IL, is $1,002.00. Indeed, when looking to rent in Raymond, IL, you can expect to pay as little as $580.00 or as much as $1,840.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Raymond, 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.

Raymond, IL 62560 Condos


Market Trend for Raymond, IL

Total Listings Available: 0

Market Values:

Home Prices from $10,810 to $2,330,731

Average Sales Price: $193,857

Rental Values:

Rental from $580 to $1,840

Average Rent Value: $1,002 / month

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