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Foreclosures in Ridott, IL

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Ridott, IL Foreclosures

How much do homes sell for in Ridott, IL?
The average home price is currently $218,573.
In Ridott, IL, how many homes are available?
There are currently 119 active home listings available in Ridott.
What’s the average rental cost in Ridott, IL?
The average rental price in Ridott is $1,253.
What is the most expensive home in Ridott?
The most expensive home sold in Ridott had a price of $640,842.
What is currently the cheapest priced home in Ridott, IL?
The cheapest home for sale in Ridott is priced at $16,937.

Living in Ridott, IL

Ridott, IL, is a quaint rural village that offers a peaceful lifestyle surrounded by nature. With essential amenities, a friendly community atmosphere, and proximity to outdoor activities, it provides a perfect setting for those seeking tranquility. Ridott is ideal for families and retirees alike, with access to larger towns like Galena for additional services.

Current Market Conditions in Ridott, IL

The Ridott real estate market has remained stable over the past year, with modest price increases reflecting the growing interest in rural living post-pandemic. Homes in the area appeal to those looking for more space and a slower pace of life.

Recent trends indicate that the demand for homes in Ridott is slowly increasing, driven by buyers who are telecommuting and seeking more affordable housing options compared to urban areas.

Home Value Estimator For Ridott, IL

There are currently 306 real estate properties in Ridott, IL, with a median automated valuation model (AVM) price of $205,989.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ridott, 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 Ridott, IL, is $218,573.00, with the most expensive house in Ridott, IL, topping out at $640,842.00 and the cheapest home in Ridott, IL, clocking in at $16,937.00. In other words, there’s something for every potential homebuyer or savvy investor in Ridott, IL!

Rent Prices In Ridott, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ridott, IL, is on a rollercoaster ride. The average rent price in Ridott, IL, is $1,253.00. Indeed, when looking to rent in Ridott, IL, you can expect to pay as little as $600.00 or as much as $1,830.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Ridott, 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.

Ridott, IL Foreclosures


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