Renault, IL Foreclosures
How much do homes sell for in Renault, IL?
The average home price is currently $113,357.
In Renault, IL, how many homes are available?
There are currently 60 active home listings available in Renault.
What’s the average rental cost in Renault, IL?
The average rental price in Renault is $993.
What is the most expensive home in Renault?
The most expensive home sold in Renault had a price of $243,577.
What is currently the cheapest priced home in Renault, IL?
The cheapest home for sale in Renault is priced at $46,639.
Living in Renault, IL
Renault, IL is a quaint community known for its peaceful living and scenic views of the Mississippi River. It offers a range of outdoor activities and a close-knit community atmosphere. Residents enjoy access to nearby towns for shopping and entertainment, making it an ideal location for families and retirees.
Current Market Conditions in Renault, IL
The real estate market in Renault has been steadily growing, with a slight increase in property values due to its attractive location and the influx of individuals seeking quieter living spaces. Homes in this region are generally more affordable compared to larger urban centers, appealing to first-time homebuyers and those looking for investment properties.
Interest rates continue to influence home buying decisions, and local inventory remains stable. There is a growing trend in demand for single-family homes, which has led to a competitive environment for desirable listings.
Home Value Estimator For Renault, IL
There are currently 32 real estate properties
in Renault, IL,
with a median automated valuation model (AVM) price
of $82,577.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Renault, 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 Renault, IL,
is $113,357.00, with the most expensive house
in Renault, IL, topping out
at $243,577.00 and the cheapest home
in Renault, IL,
clocking in at $46,639.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Renault, IL!
Rent Prices
In Renault, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Renault, IL, is on
a rollercoaster ride. The
average rent price in Renault, IL,
is $993.00. Indeed, when looking to rent in
Renault, IL, you can expect to pay as little
as $800.00 or as much
as $1,290.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Renault, 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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