Sheldon, IL Foreclosures
How much do homes sell for in Sheldon, IL?
The average home price is currently $110,598.
In Sheldon, IL, how many homes are available?
There are currently 3 active home listings available in Sheldon.
What’s the average rental cost in Sheldon, IL?
The average rental price in Sheldon is $1,153.
What is the most expensive home in Sheldon?
The most expensive home sold in Sheldon had a price of $1,681,374.
What is currently the cheapest priced home in Sheldon, IL?
The cheapest home for sale in Sheldon is priced at $14,000.
Living in Sheldon, IL
Sheldon, IL, is a quaint village offering a rich rural lifestyle. Nestled in Iroquois County, this community boasts friendly neighbors, beautiful landscapes, and a variety of outdoor activities. It features essential amenities for daily living while providing a peaceful retreat from urban life.
Current Market Conditions in Sheldon, IL
The real estate market in Sheldon, IL has shown signs of stability over the past few months. While inventory remains relatively low, it has created a competitive environment for buyers, leading to modest increases in home prices. Satisfactory demand for residential properties suggests the community is attracting new residents looking for a tranquil lifestyle.
As buyers continue to seek homes in suburban areas, Sheldon has experienced a rising interest, particularly among families and retirees. The ongoing trend emphasizes the need for additional housing and development in the area. The low interest rates have also encouraged potential buyers to leap into the market, which is anticipated to keep the market dynamic.
Home Value Estimator For Sheldon, IL
There are currently 604 real estate properties
in Sheldon, IL,
with a median automated valuation model (AVM) price
of $85,472.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sheldon, 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 Sheldon, IL,
is $110,598.00, with the most expensive house
in Sheldon, IL, topping out
at $1,681,374.00 and the cheapest home
in Sheldon, IL,
clocking in at $14,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sheldon, IL!
Rent Prices
In Sheldon, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sheldon, IL, is on
a rollercoaster ride. The
average rent price in Sheldon, IL,
is $1,153.00. Indeed, when looking to rent in
Sheldon, IL, you can expect to pay as little
as $580.00 or as much
as $1,890.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Sheldon, 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
