Shabbona, IL Foreclosures
How much do homes sell for in Shabbona, IL?
The average home price is currently $310,319.
In Shabbona, IL, how many homes are available?
There are currently 7 active home listings available in Shabbona.
What’s the average rental cost in Shabbona, IL?
The average rental price in Shabbona is $1,363.
What is the most expensive home in Shabbona?
The most expensive home sold in Shabbona had a price of $5,877,698.
What is currently the cheapest priced home in Shabbona, IL?
The cheapest home for sale in Shabbona is priced at $38,081.
Living in Shabbona, IL
Shabbona is a quaint village located in DeKalb County, Illinois, known for its friendly community and small-town charm. With a population of just over 800 residents, it offers a peaceful lifestyle with access to local amenities and recreational activities. Surrounded by beautiful landscapes and rich history, Shabbona is an excellent place for families and individuals seeking a tight-knit community atmosphere.
Current Market Conditions in Shabbona, IL
Currently, Shabbona's real estate market is characterized by a stable environment, with home prices showing gradual appreciation. The demand for properties here remains consistent as people are drawn to the serene lifestyle and lower living costs compared to larger metropolitan areas. The market is particularly attractive to first-time buyers and retirees seeking a peaceful retreat.
Over the recent months, there has been a trend of increasing interest in rural and suburban living, benefiting towns like Shabbona. With the ongoing migration towards remote work, many individuals and families look for homes in quiet locations that offer ample outdoor space and a supportive community.
As a result, the number of home listings has seen modest growth, leading to a healthy balance between buyers and sellers. Potential buyers are encouraged to act swiftly, as homes tend to sell relatively quickly in this appealing market.
Home Value Estimator For Shabbona, IL
There are currently 503 real estate properties
in Shabbona, IL,
with a median automated valuation model (AVM) price
of $242,375.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shabbona, 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 Shabbona, IL,
is $310,319.00, with the most expensive house
in Shabbona, IL, topping out
at $5,877,698.00 and the cheapest home
in Shabbona, IL,
clocking in at $38,081.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shabbona, IL!
Rent Prices
In Shabbona, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shabbona, IL, is on
a rollercoaster ride. The
average rent price in Shabbona, IL,
is $1,363.00. Indeed, when looking to rent in
Shabbona, IL, you can expect to pay as little
as $940.00 or as much
as $2,810.00,
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 Shabbona, 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
