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Foreclosure Homes in Royal, IL

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Royal, IL Foreclosures

How much do homes sell for in Royal, IL?
The average home price is currently $216,453.
In Royal, IL, how many homes are available?
There are currently 6 active home listings available in Royal.
What’s the average rental cost in Royal, IL?
The average rental price in Royal is $1,469.
What is the most expensive home in Royal?
The most expensive home sold in Royal had a price of $603,922.
What is currently the cheapest priced home in Royal, IL?
The cheapest home for sale in Royal is priced at $13,369.

Living in Royal, IL

Royal, IL is a charming village in Champaign County that provides residents with a peaceful rural lifestyle combined with essential modern amenities. Known for its friendly community and outdoor recreational opportunities, Royal is a suitable choice for families and individuals seeking a quiet yet connected living environment.

Current Market Conditions in Royal, IL

The real estate market in Royal is currently stable, with home values showing a slight increase over the past year. The affordable housing options appeal to first-time buyers and investors looking for rental properties in a small-town setting.

As remote work becomes more popular, many prospective buyers are seeking homes in quieter areas like Royal. This trend has led to a growing demand for homes, creating opportunities for sellers in the area.

Home Value Estimator For Royal, IL

There are currently 216 real estate properties in Royal, IL, with a median automated valuation model (AVM) price of $199,578.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Royal, 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 Royal, IL, is $216,453.00, with the most expensive house in Royal, IL, topping out at $603,922.00 and the cheapest home in Royal, IL, clocking in at $13,369.00. In other words, there’s something for every potential homebuyer or savvy investor in Royal, IL!

Rent Prices In Royal, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Royal, IL, is on a rollercoaster ride. The average rent price in Royal, IL, is $1,469.00. Indeed, when looking to rent in Royal, IL, you can expect to pay as little as $630.00 or as much as $2,260.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Royal, 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.

Royal, IL Foreclosures


Market Trend for Royal, IL

Total Listings Available: 6

Market Values:

Home Prices from $13,369 to $603,922

Average Sales Price: $216,453

Rental Values:

Rental from $630 to $2,260

Average Rent Value: $1,469 / month

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