South Pekin, IL Foreclosures
How much do homes sell for in South Pekin, IL?
The average home price is currently $107,858.
In South Pekin, IL, how many homes are available?
There are currently 278 active home listings available in South Pekin.
What’s the average rental cost in South Pekin, IL?
The average rental price in South Pekin is $964.
What is the most expensive home in South Pekin?
The most expensive home sold in South Pekin had a price of $443,795.
What is currently the cheapest priced home in South Pekin, IL?
The cheapest home for sale in South Pekin is priced at $14,009.
Living in South Pekin, IL
South Pekin, IL is a picturesque small town known for its family-friendly environment and community spirit. With nearby parks and the Illinois River enhancing outdoor living, residents enjoy a quaint lifestyle with convenient access to amenities. It's an ideal place for families looking for a peaceful atmosphere and recreational activities.
Current Market Conditions in South Pekin, IL
The real estate market in South Pekin is currently showing signs of stability with a balanced number of homes available for sale relative to demand. Prices have been moderately rising, influenced by the overall market trends seen in the region. Buyers are encouraged to consider South Pekin for its affordability and community values, as it appeals particularly to families and retirees looking for a quieter lifestyle without straying too far from urban amenities.
Recent trends indicate that properties in South Pekin tend to appreciate steadily, reflecting the town's desirability. With various types of homes available, from traditional family houses to newer developments, there is something to suit different tastes and budgets.
Home Value Estimator For South Pekin, IL
There are currently 487 real estate properties
in South Pekin, IL,
with a median automated valuation model (AVM) price
of $104,000.00. 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 Pekin, 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 Pekin, IL,
is $107,858.00, with the most expensive house
in South Pekin, IL, topping out
at $443,795.00 and the cheapest home
in South Pekin, IL,
clocking in at $14,009.00. In other words, there’s
something for every potential homebuyer
or savvy investor in South Pekin, IL!
Rent Prices
In South Pekin, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in South Pekin, IL, is on
a rollercoaster ride. The
average rent price in South Pekin, IL,
is $964.00. Indeed, when looking to rent in
South Pekin, IL, you can expect to pay as little
as $610.00 or as much
as $1,740.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in South Pekin, 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
