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Foreclosures in Scales Mound, IL

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Scales Mound, IL Foreclosures

Current Market Conditions in in Scales Mound, IL As of March 2026?
Over the past month, Scales Mound has seen an increase in home sales, contributing to a more competitive market. The average days on the market have decreased, indicating that homes are being purchased at a faster pace. This could be attributed to the location's appeal as more individuals and families seek quieter living environments away from the hustle and bustle of city life.
How much do homes sell for in Scales Mound, IL?
The average home price is currently $228,427.
In Scales Mound, IL, how many homes are available?
There are currently 15 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 $1,686,572.
What is currently the cheapest priced home in Scales Mound, IL?
The cheapest home for sale in Scales Mound is priced at $13,635.

Living in Scales Mound, IL

Scales Mound, IL is a charming small village known for its friendly community and beautiful natural surroundings. Located near Galena, residents enjoy a peaceful lifestyle with access to numerous outdoor activities and local amenities. The area is perfect for families and individuals seeking a quiet place to call home.

Buyer vs Seller Market in Scales Mound, IL

The real estate market in Scales Mound is currently stable, with home prices reflecting the appealing rural setting and proximity to larger urban areas. The quaint charm of the village attracts homebuyers looking for a peaceful lifestyle, thereby keeping demand steady in the local market.

Recent trends indicate a slight increase in housing availability, with more properties coming onto the market as homeowners choose to sell. This trend may attract first-time buyers and those looking to relocate to the area.

Home Value Estimator For Scales Mound, IL

There are currently 275 real estate properties in Scales Mound, IL, with a median automated valuation model (AVM) price of $152,185.00. 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 $228,427.00, with the most expensive house in Scales Mound, IL, topping out at $1,686,572.00 and the cheapest home in Scales Mound, IL, clocking in at $13,635.00. 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

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