Redmon, IL Foreclosures
How much do homes sell for in Redmon, IL?
The average home price is currently $84,096.
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 $266,918.
What is currently the cheapest priced home in Redmon, IL?
The cheapest home for sale in Redmon is priced at $21,602.
Living in Redmon, IL
Redmon, IL is a quiet village in Edgar County that prides itself on its community spirit and natural beauty. Ideal for those looking to escape the hustle and bustle of city life, it offers a variety of outdoor activities and a serene environment. With reasonable accessibility to nearby towns, it’s a great spot for families and retirees.
Current Market Conditions in Redmon, IL
The real estate market in Redmon has shown a steady increase in home values over the past year, primarily driven by low inventory levels and a rise in demand as more people seek quieter, rural living environments. Homes in the area tend to sell relatively quickly, with many buyers interested in the number of available amenities and the charm of the community.
Current trends indicate an emerging interest from younger families looking to settle in more spacious homes, attracted by the affordable real estate prices compared to nearby urban centers.
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 $78,987.00. 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 $84,096.00, with the most expensive house
in Redmon, IL, topping out
at $266,918.00 and the cheapest home
in Redmon, IL,
clocking in at $21,602.00. 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.
Learn more on Foreclosure homes
