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Fixer Upper Homes in South Beloit, IL

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South Beloit, IL Foreclosures

How much do homes sell for in South Beloit, IL?
The average home price is currently $245,724.
In South Beloit, IL, how many homes are available?
There are currently 1 active home listings available in South Beloit.
What’s the average rental cost in South Beloit, IL?
The average rental price in South Beloit is $1,263.
What is the most expensive home in South Beloit?
The most expensive home sold in South Beloit had a price of $7,271,840.
What is currently the cheapest priced home in South Beloit, IL?
The cheapest home for sale in South Beloit is priced at $12,926.

Living in South Beloit, IL

South Beloit, Illinois, is a picturesque city blending suburban tranquility with urban conveniences. Its community-oriented atmosphere offers parks, local businesses, and easy access to nearby cities. Perfect for families and outdoor enthusiasts alike, South Beloit is an accessible and welcoming place to call home.

Current Market Conditions in South Beloit, IL

The real estate market in South Beloit has shown steady growth over the last year, indicating a sustainable demand for housing in the area. As the local economy continues to stabilize, more families are discovering the benefits of settling in this charming community. Property values have risen moderately, suggesting a favorable investment climate for both first-time buyers and experienced investors alike.

Currently, homes in South Beloit are attracting significant interest, with inventory levels slightly lower than demand. This trend is leading to shorter time on the market for listings and competitive bidding situations for desirable properties.

Home Value Estimator For South Beloit, IL

There are currently 3,997 real estate properties in South Beloit, IL, with a median automated valuation model (AVM) price of $235,604.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in South Beloit, 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 South Beloit, IL, is $245,724.00, with the most expensive house in South Beloit, IL, topping out at $7,271,840.00 and the cheapest home in South Beloit, IL, clocking in at $12,926.00. In other words, there’s something for every potential homebuyer or savvy investor in South Beloit, IL!

Rent Prices In South Beloit, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in South Beloit, IL, is on a rollercoaster ride. The average rent price in South Beloit, IL, is $1,263.00. Indeed, when looking to rent in South Beloit, IL, you can expect to pay as little as $580.00 or as much as $2,480.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in South Beloit, 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.

South Beloit, IL Fixer Upper Homes

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