Sailor Springs, IL Foreclosures
How much do homes sell for in Sailor Springs, IL?
The average home price is currently $85,120.
In Sailor Springs, IL, how many homes are available?
There are currently 12 active home listings available in Sailor Springs.
What’s the average rental cost in Sailor Springs, IL?
The average rental price in Sailor Springs is $931.
What is the most expensive home in Sailor Springs?
The most expensive home sold in Sailor Springs had a price of $187,000.
What is currently the cheapest priced home in Sailor Springs, IL?
The cheapest home for sale in Sailor Springs is priced at $14,787.
Living in Sailor Springs, IL
Sailor Springs, IL is a peaceful, rural community known for its friendly residents and beautiful landscapes. It offers a laid-back lifestyle with easy access to outdoor recreation and nearby towns for shopping and dining. With a rich history and nurturing atmosphere, it is an ideal home for families and retirees alike.
Current Market Conditions in Sailor Springs, IL
The real estate market in Sailor Springs is currently stable, with a slight uptick in home sales in recent months. The town remains attractive to buyers looking for affordable housing options in a rural setting. With properties mostly catering to families and retirees, the local market is characterized by modest price points and an encouraging inventory of homes.
Interest rates have affected buyers' purchasing power, but Sailor Springs retains its appeal due to its community-oriented lifestyle and affordability compared to larger urban areas. As the demand for homes in tranquil areas continues, Sailor Springs may see an increase in property values.
Home Value Estimator For Sailor Springs, IL
There are currently 23 real estate properties
in Sailor Springs, IL,
with a median automated valuation model (AVM) price
of $70,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sailor Springs, 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 Sailor Springs, IL,
is $85,120.00, with the most expensive house
in Sailor Springs, IL, topping out
at $187,000.00 and the cheapest home
in Sailor Springs, IL,
clocking in at $14,787.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sailor Springs, IL!
Rent Prices
In Sailor Springs, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sailor Springs, IL, is on
a rollercoaster ride. The
average rent price in Sailor Springs, IL,
is $931.00. Indeed, when looking to rent in
Sailor Springs, IL, you can expect to pay as little
as $760.00 or as much
as $1,180.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Sailor Springs, 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.