Living in Smithshire, IL
Smithshire, IL is a quaint village known for its peaceful living and community spirit. It features a variety of local businesses, recreational parks, and a supportive educational environment. The area combines the charm of rural living with easy access to urban amenities.
Current Market Conditions in Smithshire, IL
The real estate market in Smithshire, IL is currently stable, showing a healthy balance of supply and demand. Homes are relatively affordable compared to nearby urban areas, making it an attractive option for first-time homebuyers and families looking for space.
Over the past few months, there has been a slight uptick in home values, influenced by the continuous interest from buyers seeking a quieter lifestyle away from bustling city environments.
Home Value Estimator For Smithshire, IL
There are currently 77 real estate properties
in Smithshire, IL,
with a median automated valuation model (AVM) price
of $106,992.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Smithshire, 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 Smithshire, IL,
is $127,441.00, with the most expensive house
in Smithshire, IL, topping out
at $396,831.00 and the cheapest home
in Smithshire, IL,
clocking in at $25,711.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Smithshire, IL!
Rent Prices
In Smithshire, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Smithshire, IL, is on
a rollercoaster ride. The
average rent price in Smithshire, IL,
is $970.00. Indeed, when looking to rent in
Smithshire, IL, you can expect to pay as little
as $590.00 or as much
as $1,460.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Smithshire, 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.
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