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Land Foreclosures in Roanoke, IL

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Roanoke, IL Foreclosures

How much do homes sell for in Roanoke, IL?
The average home price is currently $190,956.
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 welcoming village ideal for families and individuals seeking a peaceful lifestyle. With its scenic surroundings and strong community spirit, Roanoke offers a variety of amenities and recreational activities. Residents enjoy a balanced blend of rural charm and accessibility to larger urban areas.

Current Market Conditions in Roanoke, IL

The real estate market in Roanoke continues to show positive growth, with an increasing demand for homes due to the area's appealing lifestyle. Prices have seen a steady rise, reflecting the community's desirability among potential buyers. Inventory levels remain moderate, providing opportunities for both sellers and buyers.

Recent trends indicate a shift towards family homes and properties with larger lots to accommodate outdoor spaces. The community's commitment to maintaining its charm while enhancing local infrastructure could attract further investments and a diverse population.

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 $168,251.00. 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 $190,956.00, 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 Land


Market Trend for Roanoke, IL

Total Listings Available: 0

Market Values:

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

Average Sales Price: $190,956

Rental Values:

Rental from $510 to $2,340

Average Rent Value: $1,246 / month

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