Shipman, IL Foreclosures
How much do homes sell for in Shipman, IL?
The average home price is currently $146,491.
In Shipman, IL, how many homes are available?
There are currently 7 active home listings available in Shipman.
What’s the average rental cost in Shipman, IL?
The average rental price in Shipman is $944.
What is the most expensive home in Shipman?
The most expensive home sold in Shipman had a price of $865,287.
What is currently the cheapest priced home in Shipman, IL?
The cheapest home for sale in Shipman is priced at $10,372.
Living in Shipman, IL
Shipman, IL is a tranquil village known for its friendly community and beautiful natural surroundings. It's an ideal location for families and retirees seeking a peaceful lifestyle. The area offers outdoor recreational activities, reputable schools, and a charming atmosphere, making it a wonderful place to call home.
Buyer vs Seller Market in Shipman, IL
The real estate market in Shipman is currently stable, with a modest appreciation in home values over recent months. The demand for housing has been consistent, with many buyers attracted to the peaceful living and family-friendly environment offered by the village. As the area continues to appeal to those seeking a rural lifestyle, it has led to a healthy turnover in real estate transactions, although inventory remains limited.
Recent trends indicate a growing interest in Shipman as more people seek refuge from urban areas. The affordability of properties in comparison to nearby bigger cities is a big draw. Buyers are particularly interested in larger lots and homes with outdoor spaces, reflective of a desire for more room to breathe and live.
Home Value Estimator For Shipman, IL
There are currently 404 real estate properties
in Shipman, IL,
with a median automated valuation model (AVM) price
of $117,425.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shipman, 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 Shipman, IL,
is $146,491.00, with the most expensive house
in Shipman, IL, topping out
at $865,287.00 and the cheapest home
in Shipman, IL,
clocking in at $10,372.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shipman, IL!
Rent Prices
In Shipman, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shipman, IL, is on
a rollercoaster ride. The
average rent price in Shipman, IL,
is $944.00. Indeed, when looking to rent in
Shipman, IL, you can expect to pay as little
as $580.00 or as much
as $1,880.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Shipman, 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
