Shabbona, IL Foreclosures
How much do homes sell for in Shabbona, IL?
The average home price is currently $320,162.
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 $5,849,298.
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, IL, is a charming small town that exudes a friendly atmosphere and a strong sense of community. Nestled in DeKalb County, it features scenic landscapes perfect for outdoor activities, and is close to larger towns for additional amenities. The local schools provide quality education, making Shabbona an ideal place for families.
Current Market Conditions in Shabbona, IL
The real estate market in Shabbona has been stable over the past few months, with a modest increase in home prices and sales activity. Buyers from nearby urban areas are increasingly interested in the more affordable housing options that Shabbona offers, leading to a competitive market for attractive properties. As more people look to relocate for a quieter lifestyle, homes in Shabbona have become appealing, especially for families and retirees.
Currently, the market is characterized by a balanced inventory, with a variety of single-family homes available. Properties are selling at a reasonable pace, and price growth is being driven by the local demand for larger lots and homes with outdoor space.
Home Value Estimator For Shabbona, IL
There are currently 489 real estate properties
in Shabbona, IL,
with a median automated valuation model (AVM) price
of $243,723.00. 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 $320,162.00, with the most expensive house
in Shabbona, IL, topping out
at $5,849,298.00 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
