Saunemin, IL Foreclosures
How much do homes sell for in Saunemin, IL?
The average home price is currently $147,390.
What’s the average rental cost in Saunemin, IL?
The average rental price in Saunemin is $1,117.
What is the most expensive home in Saunemin?
The most expensive home sold in Saunemin had a price of $531,525.
What is currently the cheapest priced home in Saunemin, IL?
The cheapest home for sale in Saunemin is priced at $13,112.
Living in Saunemin, IL
Saunemin, IL is a quaint village that offers a serene lifestyle in the heart of rural Illinois. With a population of just over 300 residents, it is ideal for those seeking a tight-knit community. The area features local amenities, good schools, and plenty of outdoor activities, making it a great place to call home.
Current Market Conditions in Saunemin, IL
The real estate market in Saunemin is relatively stable, with a focus on single-family homes and small properties. As a rural community, prices tend to be lower than urban areas, which attracts first-time homebuyers and retirees looking for peaceful living.
Current trends show a gradual increase in home values, primarily driven by the appeal of rural living and a desire for larger outdoor spaces, particularly post-pandemic. Properties in Saunemin are often appealing for their affordability compared to neighboring towns.
Home Value Estimator For Saunemin, IL
There are currently 229 real estate properties
in Saunemin, IL,
with a median automated valuation model (AVM) price
of $122,636.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Saunemin, 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 Saunemin, IL,
is $147,390.00, with the most expensive house
in Saunemin, IL, topping out
at $531,525.00 and the cheapest home
in Saunemin, IL,
clocking in at $13,112.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Saunemin, IL!
Rent Prices
In Saunemin, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Saunemin, IL, is on
a rollercoaster ride. The
average rent price in Saunemin, IL,
is $1,117.00. Indeed, when looking to rent in
Saunemin, IL, you can expect to pay as little
as $680.00 or as much
as $2,820.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Saunemin, 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.
Learn more on Foreclosure homes
