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Preforeclosure Homes 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 $141,728.
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 $2,337,914.
What is currently the cheapest priced home in Sheffield, IL?
The cheapest home for sale in Sheffield is priced at $11,258.

Living in Sheffield, IL

Sheffield, IL, is a charming rural village that offers a quiet lifestyle with a close-knit community. Surrounded by picturesque landscapes, residents enjoy various outdoor activities and essential local amenities. This tranquil setting is perfect for families and anyone seeking a peaceful retreat from urban life.

Current Market Conditions in Sheffield, IL

The real estate market in Sheffield is currently showing signs of stability, with property values holding steady and a balanced supply of homes for sale. Demand remains healthy, driven by families looking for affordable housing options in a peaceful environment.

In recent years, Sheffield has attracted new residents due to its affordable home prices and rural charm. As awareness of the area increases, there is potential for gradual price appreciation in the coming years.

Home Value Estimator For Sheffield, IL

There are currently 517 real estate properties in Sheffield, IL, with a median automated valuation model (AVM) price of $107,589.00. 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 $141,728.00, with the most expensive house in Sheffield, IL, topping out at $2,337,914.00 and the cheapest home in Sheffield, IL, clocking in at $11,258.00. 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 Preforeclosure Homes


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