Schiller Park, IL Foreclosures
How much do homes sell for in Schiller Park, IL?
The average home price is currently $352,003.
In Schiller Park, IL, how many homes are available?
There are currently 2,971 active home listings available in Schiller Park.
What’s the average rental cost in Schiller Park, IL?
The average rental price in Schiller Park is $1,635.
What is the most expensive home in Schiller Park?
The most expensive home sold in Schiller Park had a price of $15,794,530.
What is currently the cheapest priced home in Schiller Park, IL?
The cheapest home for sale in Schiller Park is priced at $10,325.
Living in Schiller Park, IL
Schiller Park, IL, is a suburban enclave near Chicago known for its family-friendly atmosphere and convenient access to urban amenities. With beautiful parks, strong community ties, and excellent schools, it's an ideal location for families and professionals alike. Residents enjoy a range of recreational activities while benefiting from the proximity to the vibrant city life of Chicago.
Current Market Conditions in Schiller Park, IL
In the last few months, Schiller Park has seen an uptick in interest as families seek more suburban living options. The availability of spacious homes and proximity to major cities has contributed to a competitive housing market. Furthermore, with a steady influx of new residents, home prices have stabilized, and demand continues to grow, making it a favorable time for sellers while buyers are eager to find homes in this idyllic area.
Overall, the real estate market in Schiller Park remains robust, with home sales outpacing many surrounding suburbs. The combination of a strong local economy, great schools, and an abundance of amenities continues to drive interest from potential buyers.
Home Value Estimator For Schiller Park, IL
There are currently 3,900 real estate properties
in Schiller Park, IL,
with a median automated valuation model (AVM) price
of $335,978.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Schiller Park, 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 Schiller Park, IL,
is $352,003.00, with the most expensive house
in Schiller Park, IL, topping out
at $15,794,530.00 and the cheapest home
in Schiller Park, IL,
clocking in at $10,325.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Schiller Park, IL!
Rent Prices
In Schiller Park, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Schiller Park, IL, is on
a rollercoaster ride. The
average rent price in Schiller Park, IL,
is $1,635.00. Indeed, when looking to rent in
Schiller Park, IL, you can expect to pay as little
as $800.00 or as much
as $2,940.00,
with the average rent median estimated to
be $1,750.00. The good news is that finding
an affordable and desirable property to rent in Schiller Park, 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
