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Foreclosure Homes in Scales Mound, IL

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Scales Mound, IL Foreclosures

How much do homes sell for in Scales Mound, IL?
The average home price is currently $228,722.
In Scales Mound, IL, how many homes are available?
There are currently 10 active home listings available in Scales Mound.
What’s the average rental cost in Scales Mound, IL?
The average rental price in Scales Mound is $1,168.
What is the most expensive home in Scales Mound?
The most expensive home sold in Scales Mound had a price of $1,724,651.
What is currently the cheapest priced home in Scales Mound, IL?
The cheapest home for sale in Scales Mound is priced at $13,943.

Living in Scales Mound, IL

Scales Mound, Illinois, is a serene village nestled in the scenic hills of northwest Illinois. The community offers a peaceful rural lifestyle combined with access to natural beauty and outdoor activities. Local amenities and nearby parks enhance the living experience, making it ideal for families and nature enthusiasts alike.

Current Market Conditions in Scales Mound, IL

Scales Mound's real estate market has shown steady growth over the past few years, with a notable increase in demand for homes in the area. Buyers are attracted to the affordability of properties and the charming rural atmosphere. Recent trends indicate a slight rise in home prices, signaling a robust market.

The current demand for homes in Scales Mound is competitive, with a variety of properties available, ranging from quaint single-family homes to larger estates. The village's appeal as a peaceful retreat is drawing interest from both buyers relocating from urban areas and those seeking vacation homes.

Home Value Estimator For Scales Mound, IL

There are currently 222 real estate properties in Scales Mound, IL, with a median automated valuation model (AVM) price of $151,540.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Scales Mound, 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 Scales Mound, IL, is $228,722.00, with the most expensive house in Scales Mound, IL, topping out at $1,724,651.00 and the cheapest home in Scales Mound, IL, clocking in at $13,943.00. In other words, there’s something for every potential homebuyer or savvy investor in Scales Mound, IL!

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.

Scales Mound, IL Foreclosures


Market Trend for Scales Mound, IL

Total Listings Available: 10

Market Values:

Home Prices from $13,943 to $1,724,651

Average Sales Price: $228,722

Rental Values:

Rental from $730 to $1,840

Average Rent Value: $1,168 / month

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