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Preforeclosure 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 $250,752.
In South Beloit, IL, how many homes are available?
There are currently 7 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 $8,874,420.
What is currently the cheapest priced home in South Beloit, IL?
The cheapest home for sale in South Beloit is priced at $11,150.

Living in South Beloit, IL

South Beloit, Illinois is a quaint community with a rich history, vibrant local culture, and access to beautiful outdoor spaces for recreation. Ideal for families, it offers a variety of amenities including parks, schools, and dining options, all within a charming small-town setting.

Current Market Conditions in South Beloit, IL

The real estate market in South Beloit is currently experiencing a steady demand, with an increase in buyers looking for affordable housing options. The community's attractiveness, characterized by its safe neighborhoods and family-friendly environment, continues to draw interest from newcomers.

Recently, there has been a noticeable trend in home renovations and improvements in the area, signaling homeowners' confidence in property values and the long-term viability of the location.

Home Value Estimator For South Beloit, IL

There are currently 4,144 real estate properties in South Beloit, IL, with a median automated valuation model (AVM) price of $232,330.00. 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 $250,752.00, with the most expensive house in South Beloit, IL, topping out at $8,874,420.00 and the cheapest home in South Beloit, IL, clocking in at $11,150.00. 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 Preforeclosure Homes


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