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Preforeclosure Homes in Reddick, IL 60961

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Reddick, IL Foreclosures

How much do homes sell for in Reddick, IL?
The average home price is currently $258,304.
In Reddick, IL, how many homes are available?
There are currently 7 active home listings available in Reddick.
What’s the average rental cost in Reddick, IL?
The average rental price in Reddick is $1,351.
What is the most expensive home in Reddick?
The most expensive home sold in Reddick had a price of $1,352,254.
What is currently the cheapest priced home in Reddick, IL?
The cheapest home for sale in Reddick is priced at $14,800.

Living in Reddick, IL

Reddick, IL is a charming small village that offers a peaceful rural lifestyle with a close-knit community. Surrounded by rich farmland, it provides numerous outdoor activities and local amenities. Families and retirees alike are attracted to its serene environment and strong community values.

Current Market Conditions in Reddick, IL

The current real estate market in Reddick shows signs of slow but steady growth. Recent trends indicate a modest increase in home prices, driven by a rising interest in rural living and the area's appealing family-oriented atmosphere. Buyers are drawn to the affordability of homes, making it an attractive option for first-time homebuyers and those looking for vacation properties.

The demand for homes in Reddick remains stable. Properties that are well-maintained and priced competitively tend to sell quickly. The market has not seen drastic fluctuations, suggesting a healthy balance between supply and demand. As more people seek out quieter living spaces, it's likely that growth will continue into the coming years.

Home Value Estimator For Reddick, IL

There are currently 232 real estate properties in Reddick, IL, with a median automated valuation model (AVM) price of $210,634.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reddick, 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 Reddick, IL, is $258,304.00, with the most expensive house in Reddick, IL, topping out at $1,352,254.00 and the cheapest home in Reddick, IL, clocking in at $14,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Reddick, IL!

Rent Prices In Reddick, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reddick, IL, is on a rollercoaster ride. The average rent price in Reddick, IL, is $1,351.00. Indeed, when looking to rent in Reddick, IL, you can expect to pay as little as $890.00 or as much as $2,260.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Reddick, 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.

Reddick, IL 60961 Preforeclosure Homes

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