Redmon, IL Foreclosures
How much do homes sell for in Redmon, IL?
The average home price is currently $83,111.
What’s the average rental cost in Redmon, IL?
The average rental price in Redmon is $851.
What is the most expensive home in Redmon?
The most expensive home sold in Redmon had a price of $276,507.
What is currently the cheapest priced home in Redmon, IL?
The cheapest home for sale in Redmon is priced at $21,446.
Living in Redmon, IL
Redmon, Illinois is a quiet rural community that offers a peaceful lifestyle while still providing access to necessary amenities. The town features beautiful landscapes, local parks, and a family-friendly environment. Ideal for those looking to escape the hustle and bustle of city life, Redmon offers a close-knit community atmosphere.
Current Market Conditions in Redmon, IL
The real estate market in Redmon, IL is experiencing a gradual increase in demand as more families seek the tranquility of rural living. Home prices have remained stable, and inventory is moderately low, leading to competitive offers in desirable neighborhoods. Investors are beginning to recognize the value of properties in this serene area.
As the market evolves, buyers are showing interest in larger lots and older homes that can be renovated. The rental market remains steady as well, with demand for single-family homes increasing due to the town's attractive living conditions.
Home Value Estimator For Redmon, IL
There are currently 97 real estate properties
in Redmon, IL,
with a median automated valuation model (AVM) price
of $77,400.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Redmon, 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 Redmon, IL,
is $83,111.00, with the most expensive house
in Redmon, IL, topping out
at $276,507.00 and the cheapest home
in Redmon, IL,
clocking in at $21,446.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Redmon, IL!
Rent Prices
In Redmon, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Redmon, IL, is on
a rollercoaster ride. The
average rent price in Redmon, IL,
is $851.00. Indeed, when looking to rent in
Redmon, IL, you can expect to pay as little
as $760.00 or as much
as $1,150.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Redmon, 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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