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Foreclosures in Ruma, IL

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Ruma, IL Foreclosures

How much do homes sell for in Ruma, IL?
The average home price is currently $193,028.
What’s the average rental cost in Ruma, IL?
The average rental price in Ruma is $1,189.
What is the most expensive home in Ruma?
The most expensive home sold in Ruma had a price of $735,000.
What is currently the cheapest priced home in Ruma, IL?
The cheapest home for sale in Ruma is priced at $22,140.

Living in Ruma, IL

Ruma, IL, is a quaint village that offers a peaceful rural lifestyle with friendly neighbors and community events. Its scenic beauty and proximity to larger towns make it an attractive place for families and retirees alike. Experience the charm of small-town living in Ruma while enjoying convenient access to nearby cities.

Current Market Conditions in Ruma, IL

The real estate market in Ruma remains stable, characterized by a mix of affordable housing options and a few higher-end listings. The demand for homes in the area has been steadily increasing, boosted by families seeking more space and nature. Despite its small size, Ruma provides a viable option for first-time homebuyers and those looking to downsize alike.

Home Value Estimator For Ruma, IL

There are currently 149 real estate properties in Ruma, IL, with a median automated valuation model (AVM) price of $157,126.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ruma, 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 Ruma, IL, is $193,028.00, with the most expensive house in Ruma, IL, topping out at $735,000.00 and the cheapest home in Ruma, IL, clocking in at $22,140.00. In other words, there’s something for every potential homebuyer or savvy investor in Ruma, IL!

Rent Prices In Ruma, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ruma, IL, is on a rollercoaster ride. The average rent price in Ruma, IL, is $1,189.00. Indeed, when looking to rent in Ruma, IL, you can expect to pay as little as $720.00 or as much as $1,760.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Ruma, 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.

Ruma, IL Foreclosures


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