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Foreclosure Homes in Roanoke, IL

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Roanoke, IL Foreclosures

Current Market Conditions in in Roanoke, IL As of February 2026?
In the past month, the real estate market in Roanoke has seen a slight uptick in interest, particularly among families looking for more space and a quieter lifestyle. New listings have been emerging, and several properties have received multiple offers, indicating a competitive edge in certain segments of the market. Prices have remained stable with a minor increase for well-maintained homes, reflecting the town’s growing appeal.
How much do homes sell for in Roanoke, IL?
The average home price is currently $188,528.
In Roanoke, IL, how many homes are available?
There are currently 2 active home listings available in Roanoke.
What’s the average rental cost in Roanoke, IL?
The average rental price in Roanoke is $1,246.
What is the most expensive home in Roanoke?
The most expensive home sold in Roanoke had a price of $1,116,976.
What is currently the cheapest priced home in Roanoke, IL?
The cheapest home for sale in Roanoke is priced at $19,727.

Living in Roanoke, IL

Roanoke, IL is a quaint and welcoming village in Woodford County, recognized for its strong community spirit and beautiful outdoor spaces. The area features a mix of historical charm and modern conveniences, providing residents with a comfortable lifestyle. With ample recreational activities and a variety of amenities, Roanoke is a hidden gem for families and nature enthusiasts alike.

Buyer vs Seller Market in Roanoke, IL

The real estate market in Roanoke, IL has been relatively steady over the past few months. There’s a good balance of supply and demand, keeping home prices stable while offering a variety of options for home buyers. The town remains attractive due to its affordability relative to nearby urban areas, making it a popular choice for families and first-time buyers.

Home Value Estimator For Roanoke, IL

There are currently 1,041 real estate properties in Roanoke, IL, with a median automated valuation model (AVM) price of $165,627.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Roanoke, 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 Roanoke, IL, is $188,528.00, with the most expensive house in Roanoke, IL, topping out at $1,116,976.00 and the cheapest home in Roanoke, IL, clocking in at $19,727.00. In other words, there’s something for every potential homebuyer or savvy investor in Roanoke, IL!

Rent Prices In Roanoke, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Roanoke, IL, is on a rollercoaster ride. The average rent price in Roanoke, IL, is $1,246.00. Indeed, when looking to rent in Roanoke, IL, you can expect to pay as little as $510.00 or as much as $2,340.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Roanoke, 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.

Roanoke, IL Foreclosures

Market Trend for Roanoke, IL

Total Listings Available: 2

Market Values:

Home Prices from $19,727 to $1,116,976

Average Sales Price: $188,528

Rental Values:

Rental from $510 to $2,340

Average Rent Value: $1,246 / month

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