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Preforeclosure Homes in Roxana, IL

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Living in Roxana, IL

Roxana, IL, is a suburban village known for its close-knit community and tranquil lifestyle. With access to local amenities, parks, and educational institutions, it's an ideal place for families and individuals seeking a quiet retreat. Its convenient location near major highways enhances connectivity to larger urban centers.

Current Market Conditions in Roxana, IL

The real estate market in Roxana is currently characterized by stable home prices and a steady demand for housing, making it an attractive area for investment. Potential buyers are drawn to the village's affordability compared to neighboring regions, resulting in a growing interest in residential properties.

With the ongoing development in surrounding areas, Roxana is poised for potential growth, making it an excellent choice for investors looking for opportunities in a developing market. The demand for rental properties is increasing as more individuals seek housing in the peaceful environment that Roxana provides.

Home Value Estimator For Roxana, IL

There are currently 667 real estate properties in Roxana, IL, with a median automated valuation model (AVM) price of $100,032.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Roxana, 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 Roxana, IL, is $121,479.00, with the most expensive house in Roxana, IL, topping out at $2,366,734.00 and the cheapest home in Roxana, IL, clocking in at $16,077.00. In other words, there’s something for every potential homebuyer or savvy investor in Roxana, IL!

Rent Prices In Roxana, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Roxana, IL, is on a rollercoaster ride. The average rent price in Roxana, IL, is $1,029.00. Indeed, when looking to rent in Roxana, IL, you can expect to pay as little as $680.00 or as much as $1,600.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Roxana, 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.

Roxana, IL Preforeclosure Homes


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