Seneca, IL Foreclosures
How much do homes sell for in Seneca, IL?
The average home price is currently $318,561.
In Seneca, IL, how many homes are available?
There are currently 9 active home listings available in Seneca.
What’s the average rental cost in Seneca, IL?
The average rental price in Seneca is $1,292.
What is the most expensive home in Seneca?
The most expensive home sold in Seneca had a price of $69,995,416.
What is currently the cheapest priced home in Seneca, IL?
The cheapest home for sale in Seneca is priced at $10,278.
Living in Seneca, IL
Seneca, IL is a picturesque small town located along the Illinois River, offering residents a charming atmosphere and friendly community. With access to outdoor activities, parks, and local amenities, it's perfect for families and individuals seeking a peaceful lifestyle. The area is known for its close-knit community ties and beautiful natural surroundings.
Current Market Conditions in Seneca, IL
The real estate market in Seneca has been stable, with a healthy inventory of homes available for sale. Prices remain affordable compared to surrounding areas, making it an appealing option for first-time homebuyers and investors alike. Recent trends indicate a slight increase in demand as remote work allows more people to consider living in smaller towns, where they can enjoy a higher quality of life.
In recent months, Seneca has witnessed a steady uptick in home sales, particularly among single-family homes. Buyers are drawn to the village's scenic location and sense of community, which continues to drive competition in the market. Home values are increasing, albeit slowly, which indicates a solid investment opportunity for potential buyers.
Home Value Estimator For Seneca, IL
There are currently 1,030 real estate properties
in Seneca, IL,
with a median automated valuation model (AVM) price
of $229,149.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Seneca, 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 Seneca, IL,
is $318,561.00, with the most expensive house
in Seneca, IL, topping out
at $69,995,416.00 and the cheapest home
in Seneca, IL,
clocking in at $10,278.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Seneca, IL!
Rent Prices
In Seneca, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Seneca, IL, is on
a rollercoaster ride. The
average rent price in Seneca, IL,
is $1,292.00. Indeed, when looking to rent in
Seneca, IL, you can expect to pay as little
as $860.00 or as much
as $2,680.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Seneca, 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.
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