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Preforeclosure Homes in Sheldon, IL

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Sheldon, IL Foreclosures

How much do homes sell for in Sheldon, IL?
The average home price is currently $108,995.
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 $1,681,655.
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 charming small town that offers a peaceful rural lifestyle surrounded by picturesque farmland. This close-knit community emphasizes family values and has access to essential amenities and services. With a focus on outdoor activities and local events, Sheldon is a wonderful place to enjoy suburban living with a touch of countryside beauty.

Current Market Conditions in Sheldon, IL

The real estate market in Sheldon is currently stable, with a gentle increase in home values over the last year. The mix of single-family homes at affordable price points makes it appealing for families and first-time buyers, as well as investors looking for rental properties. Demand is driven by the attractive lifestyle and lower living costs compared to urban centers nearby.

Recently, there has been a noticeable influx of residents seeking quieter surroundings away from bustling cities, contributing to a slight uptick in home sales. As developers explore opportunities for new constructions, potential buyers may increasingly find varied housing options.

Home Value Estimator For Sheldon, IL

There are currently 603 real estate properties in Sheldon, IL, with a median automated valuation model (AVM) price of $81,212.00. 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 $108,995.00, with the most expensive house in Sheldon, IL, topping out at $1,681,655.00 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.

Sheldon, IL Preforeclosure Homes


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