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Foreclosures in Redmon, IL 61949

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Living in Redmon, IL

Redmon, IL, is a charming community that combines a peaceful lifestyle with access to essential amenities. The town's strong sense of community, quality education, and beautiful parks make it an ideal place for families and individuals. With its picturesque streets and friendly atmosphere, Redmon is a hidden gem in the heart of Illinois.

Current Market Conditions in Redmon, IL

The real estate market in Redmon, IL, is currently favorable for investment, with a steady increase in home values over the past few years. This trend is driven by the town's appealing lifestyle and affordability compared to nearby urban areas. New developments and a growing interest in the town are attracting more potential homeowners and investors.

Demand for homes in Redmon remains strong, with properties selling quickly due to low inventory. Potential investors should act promptly to secure properties in this desirable location as prices are expected to continue rising in the upcoming months.

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 $77,732.00. 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 $85,629.00, with the most expensive house in Redmon, IL, topping out at $268,330.00 and the cheapest home in Redmon, IL, clocking in at $21,024.00. 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.

Redmon, IL 61949 Foreclosures


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