River Grove, IL Foreclosures
How much do homes sell for in River Grove, IL?
The average home price is currently $354,065.
In River Grove, IL, how many homes are available?
There are currently 41 active home listings available in River Grove.
What’s the average rental cost in River Grove, IL?
The average rental price in River Grove is $1,648.
What is the most expensive home in River Grove?
The most expensive home sold in River Grove had a price of $36,315,396.
What is currently the cheapest priced home in River Grove, IL?
The cheapest home for sale in River Grove is priced at $18,087.
Living in River Grove, IL
River Grove is a charming village located in Cook County. Known for its family-friendly atmosphere, the community offers a peaceful suburban lifestyle while being conveniently close to downtown Chicago. The area features various parks, recreational facilities, and a tight-knit community vibe, making it an ideal location for families and young professionals.
Current Market Conditions in River Grove, IL
The real estate market in River Grove, IL, has remained stable over the past year, with a slight increase in property values as more families seek homes in this desirable area. Single-family homes dominate the market, with many properties featuring traditional designs and spacious backyards. The demand for single-story homes has increased, especially among retirees and younger families looking for manageable living spaces.
Recent trends indicate a growing interest in eco-friendly and sustainable home features among buyers, which is prompting some sellers to invest in upgrades that appeal to environmentally conscious consumers. Despite the competitive nature of the market, listings are still available at various price points, offering options for both first-time homebuyers and investors.
Home Value Estimator For River Grove, IL
There are currently 3,301 real estate properties
in River Grove, IL,
with a median automated valuation model (AVM) price
of $329,399.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in River Grove, 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 River Grove, IL,
is $354,065.00, with the most expensive house
in River Grove, IL, topping out
at $36,315,396.00 and the cheapest home
in River Grove, IL,
clocking in at $18,087.00. In other words, there’s
something for every potential homebuyer
or savvy investor in River Grove, IL!
Rent Prices
In River Grove, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in River Grove, IL, is on
a rollercoaster ride. The
average rent price in River Grove, IL,
is $1,648.00. Indeed, when looking to rent in
River Grove, IL, you can expect to pay as little
as $1,000.00 or as much
as $2,600.00,
with the average rent median estimated to
be $1,710.00. The good news is that finding
an affordable and desirable property to rent in River Grove, 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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