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Preforeclosure Homes in Rochelle, IL

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Rochelle, IL Foreclosures

How much do homes sell for in Rochelle, IL?
The average home price is currently $260,593.
In Rochelle, IL, how many homes are available?
There are currently 5 active home listings available in Rochelle.
What’s the average rental cost in Rochelle, IL?
The average rental price in Rochelle is $1,280.
What is the most expensive home in Rochelle?
The most expensive home sold in Rochelle had a price of $48,001,086.
What is currently the cheapest priced home in Rochelle, IL?
The cheapest home for sale in Rochelle is priced at $10,592.

Living in Rochelle, IL

Rochelle, IL, offers a small-town feel with the conveniences of urban living. The city boasts rich historical charm, vibrant community events, and ample recreational activities. Its strategic location near key highways enhances connectivity, making it an ideal locale for families and commuters alike.

Current Market Conditions in Rochelle, IL

The real estate market in Rochelle is currently in a stable condition, with a balanced supply and demand. Homes are generally retained for a shorter amount of time on the market as buyers seek to capitalize on the affordable prices offered in the area.

The trends indicate a slow but steady appreciation in property values due to the growing interest from first-time homebuyers and families looking for a quality lifestyle. The city's ongoing infrastructure developments are also anticipated to positively influence market dynamics.

Home Value Estimator For Rochelle, IL

There are currently 4,550 real estate properties in Rochelle, IL, with a median automated valuation model (AVM) price of $185,344.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rochelle, 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 Rochelle, IL, is $260,593.00, with the most expensive house in Rochelle, IL, topping out at $48,001,086.00 and the cheapest home in Rochelle, IL, clocking in at $10,592.00. In other words, there’s something for every potential homebuyer or savvy investor in Rochelle, IL!

Rent Prices In Rochelle, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rochelle, IL, is on a rollercoaster ride. The average rent price in Rochelle, IL, is $1,280.00. Indeed, when looking to rent in Rochelle, IL, you can expect to pay as little as $710.00 or as much as $2,760.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Rochelle, 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.

Rochelle, IL Preforeclosure Homes


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