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Short Sale Listings in Smithton, IL

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Smithton, IL Foreclosures

How much do homes sell for in Smithton, IL?
The average home price is currently $316,198.
In Smithton, IL, how many homes are available?
There are currently 4 active home listings available in Smithton.
What’s the average rental cost in Smithton, IL?
The average rental price in Smithton is $1,303.
What is the most expensive home in Smithton?
The most expensive home sold in Smithton had a price of $7,014,649.
What is currently the cheapest priced home in Smithton, IL?
The cheapest home for sale in Smithton is priced at $11,137.

Living in Smithton, IL

Smithton, Illinois, is a charming village with a welcoming community atmosphere. It offers a range of local amenities, good schools, and plenty of parks for outdoor activities. With its proximity to larger cities, residents can enjoy the benefits of small-town living while staying connected to urban conveniences.

Current Market Conditions in Smithton, IL

The real estate market in Smithton has seen steady growth over the past year, with a slight increase in home values due to the area's appeal for families and retirees. The inventory remains relatively low, contributing to a competitive market, which could lead to increased prices as demand continues to rise.

Buyers are attracted to Smithton for its family-friendly environment and affordability compared to larger neighboring cities. The market is favorable for sellers, as homes often receive multiple offers shortly after listing, reflecting a healthy demand.

Home Value Estimator For Smithton, IL

There are currently 2,015 real estate properties in Smithton, IL, with a median automated valuation model (AVM) price of $302,067.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Smithton, 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 Smithton, IL, is $316,198.00, with the most expensive house in Smithton, IL, topping out at $7,014,649.00 and the cheapest home in Smithton, IL, clocking in at $11,137.00. In other words, there’s something for every potential homebuyer or savvy investor in Smithton, IL!

Rent Prices In Smithton, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smithton, IL, is on a rollercoaster ride. The average rent price in Smithton, IL, is $1,303.00. Indeed, when looking to rent in Smithton, IL, you can expect to pay as little as $620.00 or as much as $2,160.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Smithton, 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.

Smithton, IL Short Sale Listings

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