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Cheap Homes in Serena, IL

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Serena, IL Foreclosures

How much do homes sell for in Serena, IL?
The average home price is currently $340,138.
In Serena, IL, how many homes are available?
There are currently 1 active home listings available in Serena.
What’s the average rental cost in Serena, IL?
The average rental price in Serena is $1,331.
What is the most expensive home in Serena?
The most expensive home sold in Serena had a price of $8,510,323.
What is currently the cheapest priced home in Serena, IL?
The cheapest home for sale in Serena is priced at $30,784.

Living in Serena, IL

Serena, Illinois is a quaint village that provides a rural escape with a friendly community atmosphere. It's an ideal place for families and individuals seeking tranquility, while also being close enough to larger towns for additional amenities. Embrace a simpler lifestyle in this charming Midwestern village.

Current Market Conditions in Serena, IL

The real estate market in Serena has been stable, with a modest increase in home values over the past year. Buyers are attracted to the serenity of the area, encouraging first-time home buyers and families looking for a peaceful environment to settle down.

Home inventory levels are average, providing a variety of options for potential buyers. The market remains competitive, particularly for well-maintained properties that offer large lots typical of the area.

Home Value Estimator For Serena, IL

There are currently 223 real estate properties in Serena, IL, with a median automated valuation model (AVM) price of $301,376.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Serena, 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 Serena, IL, is $340,138.00, with the most expensive house in Serena, IL, topping out at $8,510,323.00 and the cheapest home in Serena, IL, clocking in at $30,784.00. In other words, there’s something for every potential homebuyer or savvy investor in Serena, IL!

Rent Prices In Serena, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Serena, IL, is on a rollercoaster ride. The average rent price in Serena, IL, is $1,331.00. Indeed, when looking to rent in Serena, IL, you can expect to pay as little as $930.00 or as much as $1,860.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Serena, 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.

Cheap Homes in Serena, IL


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