Foreclosure Homes in Scales Mound, IL

Current Market Conditions in Scales Mound, IL

The real estate market in Scales Mound is currently experiencing stable trends with a mix of affordable and mid-range properties. The demand for homes in this picturesque village is gradually rising as more people seek a tranquil lifestyle away from city hustle.

Investors will find opportunities in the market as property values have been steadily increasing, driven by the area's charm and community spirit. With limited inventory, the market remains competitive, attracting both first-time homebuyers and seasoned investors.

Rent Prices In Scales Mound, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Scales Mound, IL, is on a rollercoaster ride. The average rent price in Scales Mound, IL, is $1,168.00. Indeed, when looking to rent in Scales Mound, IL, you can expect to pay as little as $730.00 or as much as $1,840.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Scales Mound, 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.