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Preforeclosure Homes in Rock Falls, IL

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Rock Falls, IL Foreclosures

How much do homes sell for in Rock Falls, IL?
The average home price is currently $140,888.
In Rock Falls, IL, how many homes are available?
There are currently 30 active home listings available in Rock Falls.
What’s the average rental cost in Rock Falls, IL?
The average rental price in Rock Falls is $1,010.
What is the most expensive home in Rock Falls?
The most expensive home sold in Rock Falls had a price of $7,816,068.
What is currently the cheapest priced home in Rock Falls, IL?
The cheapest home for sale in Rock Falls is priced at $10,074.

Living in Rock Falls, IL

Rock Falls, IL is a picturesque small town nestled along the Rock River, known for its friendly community and engaging local events. Residents have access to excellent schools, great outdoor activities, and a variety of dining and shopping options. It's an ideal place for families looking for a supportive and vibrant neighborhood atmosphere.

Current Market Conditions in Rock Falls, IL

The real estate market in Rock Falls is currently exhibiting a stable trend, characterized by moderate price appreciation over the past few months. With a relatively low inventory of homes for sale, buyers are experiencing competition, particularly for desirable properties. The market is attracting both first-time homebuyers and investors, drawn by the affordability and charm of the area.

There have been recent developments in the construction of new homes in certain neighborhoods, indicating a growing interest in Rock Falls as a desirable place to live. Additionally, interest rates remaining historically low have helped maintain buyer activity despite economic challenges.

Home Value Estimator For Rock Falls, IL

There are currently 5,236 real estate properties in Rock Falls, IL, with a median automated valuation model (AVM) price of $115,694.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rock Falls, 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 Rock Falls, IL, is $140,888.00, with the most expensive house in Rock Falls, IL, topping out at $7,816,068.00 and the cheapest home in Rock Falls, IL, clocking in at $10,074.00. In other words, there’s something for every potential homebuyer or savvy investor in Rock Falls, IL!

Rent Prices In Rock Falls, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rock Falls, IL, is on a rollercoaster ride. The average rent price in Rock Falls, IL, is $1,010.00. Indeed, when looking to rent in Rock Falls, IL, you can expect to pay as little as $460.00 or as much as $2,160.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Rock Falls, 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.

Rock Falls, IL Preforeclosure Homes


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