Solon Mills, IL Foreclosures
How much do homes sell for in Solon Mills, IL?
The average home price is currently $311,715.
In Solon Mills, IL, how many homes are available?
There are currently 3 active home listings available in Solon Mills.
What’s the average rental cost in Solon Mills, IL?
The average rental price in Solon Mills is $1,728.
What is the most expensive home in Solon Mills?
The most expensive home sold in Solon Mills had a price of $563,350.
What is currently the cheapest priced home in Solon Mills, IL?
The cheapest home for sale in Solon Mills is priced at $67,907.
Living in Solon Mills, IL
Solon Mills, IL is a small, serene village located in Lake County, offering a rural lifestyle surrounded by nature and community close-knit events. Ideal for families, the area provides access to outdoor activities, quality schools, and a peaceful living atmosphere.
Current Market Conditions in Solon Mills, IL
The real estate market in Solon Mills has remained relatively stable over the past year, showing a modest increase in property values as demand for rural properties has grown. The area's charm and community focus attract both families and retirees seeking a quieter lifestyle.
Recent trends indicate a rise in interest for larger properties with land, as many buyers are prioritizing space for gardens and outdoor activities, especially in the wake of the pandemic. Homes are often moving quickly, and new listings provide various options catering to different budgets.
Home Value Estimator For Solon Mills, IL
There are currently 13 real estate properties
in Solon Mills, IL,
with a median automated valuation model (AVM) price
of $280,215.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Solon Mills, 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 Solon Mills, IL,
is $311,715.00, with the most expensive house
in Solon Mills, IL, topping out
at $563,350.00 and the cheapest home
in Solon Mills, IL,
clocking in at $67,907.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Solon Mills, IL!
Rent Prices
In Solon Mills, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Solon Mills, IL, is on
a rollercoaster ride. The
average rent price in Solon Mills, IL,
is $1,728.00. Indeed, when looking to rent in
Solon Mills, IL, you can expect to pay as little
as $1,310.00 or as much
as $2,590.00,
with the average rent median estimated to
be $1,640.00. The good news is that finding
an affordable and desirable property to rent in Solon Mills, 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
