Ringwood, IL Foreclosures
How much do homes sell for in Ringwood, IL?
The average home price is currently $453,608.
In Ringwood, IL, how many homes are available?
There are currently 6 active home listings available in Ringwood.
What’s the average rental cost in Ringwood, IL?
The average rental price in Ringwood is $1,911.
What is the most expensive home in Ringwood?
The most expensive home sold in Ringwood had a price of $2,577,203.
What is currently the cheapest priced home in Ringwood, IL?
The cheapest home for sale in Ringwood is priced at $16,439.
Living in Ringwood, IL
Ringwood, IL is a peaceful suburb located in McHenry County, known for its spacious properties and strong sense of community. With access to outdoor activities and quality schools, it offers a family-friendly atmosphere just a short drive from more urban environments. The area is ideal for those seeking tranquility without sacrificing accessibility to the conveniences of city life.
Current Market Conditions in Ringwood, IL
The real estate market in Ringwood has shown resilience over the past year, with a steady demand for single-family homes. Buyers are attracted to the spacious properties and quiet environment, resulting in competitive offers, especially in the spring and summer months as families look to relocate before the school year starts.
Currently, the market is experiencing a shortage of inventory, which has led to an increase in home prices. Many homes are receiving multiple offers within days of being listed, demonstrating the strong buyer interest in this charming community.
Home Value Estimator For Ringwood, IL
There are currently 440 real estate properties
in Ringwood, IL,
with a median automated valuation model (AVM) price
of $454,245.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ringwood, 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 Ringwood, IL,
is $453,608.00, with the most expensive house
in Ringwood, IL, topping out
at $2,577,203.00 and the cheapest home
in Ringwood, IL,
clocking in at $16,439.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ringwood, IL!
Rent Prices
In Ringwood, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ringwood, IL, is on
a rollercoaster ride. The
average rent price in Ringwood, IL,
is $1,911.00. Indeed, when looking to rent in
Ringwood, IL, you can expect to pay as little
as $950.00 or as much
as $3,480.00,
with the average rent median estimated to
be $1,900.00. The good news is that finding
an affordable and desirable property to rent in Ringwood, 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
