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Foreclosures in Sheffield, IL

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Sheffield, IL Foreclosures

How much do homes sell for in Sheffield, IL?
The average home price is currently $141,379.
In Sheffield, IL, how many homes are available?
There are currently 1 active home listings available in Sheffield.
What’s the average rental cost in Sheffield, IL?
The average rental price in Sheffield is $1,024.
What is the most expensive home in Sheffield?
The most expensive home sold in Sheffield had a price of $2,323,525.
What is currently the cheapest priced home in Sheffield, IL?
The cheapest home for sale in Sheffield is priced at $11,190.

Living in Sheffield, IL

Sheffield is a charming, small town located in Bureau County, Illinois, providing a serene environment with rich agricultural surroundings. This community is an ideal place for families and individuals seeking a quiet lifestyle while still enjoying close proximity to larger urban centers. The area has historic architecture, friendly neighbors, and a slower pace of life.

Current Market Conditions in Sheffield, IL

Sheffield's real estate market has remained stable, with modest price improvements noted over the last few years. The town attracts those looking to buy their first homes or retirees seeking smaller properties. Limited inventory has led to a competitive environment, particularly for well-maintained houses.

Trends indicate increasing interest in rural properties as remote work becomes more common. Buyers are drawn to Sheffield's affordability compared to urban areas, yet enjoy a variety of amenities and community support.

Home Value Estimator For Sheffield, IL

There are currently 518 real estate properties in Sheffield, IL, with a median automated valuation model (AVM) price of $108,786.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sheffield, 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 Sheffield, IL, is $141,379.00, with the most expensive house in Sheffield, IL, topping out at $2,323,525.00 and the cheapest home in Sheffield, IL, clocking in at $11,190.00. In other words, there’s something for every potential homebuyer or savvy investor in Sheffield, IL!

Rent Prices In Sheffield, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sheffield, IL, is on a rollercoaster ride. The average rent price in Sheffield, IL, is $1,024.00. Indeed, when looking to rent in Sheffield, IL, you can expect to pay as little as $490.00 or as much as $2,280.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Sheffield, 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.

Sheffield, IL Foreclosures


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