Southern View, IL Foreclosures
How much do homes sell for in Southern View, IL?
The average home price is currently $131,612.
What’s the average rental cost in Southern View, IL?
The average rental price in Southern View is $981.
What is the most expensive home in Southern View?
The most expensive home sold in Southern View had a price of $2,451,853.
What is currently the cheapest priced home in Southern View, IL?
The cheapest home for sale in Southern View is priced at $24,529.
Living in Southern View, IL
Southern View, Illinois, is a charming suburban village situated just south of Springfield. Known for its community-oriented lifestyle, it offers beautiful parks and recreational activities, making it a perfect place for families. Its proximity to Springfield allows residents to enjoy the benefits of city life while living in a peaceful neighborhood.
Current Market Conditions in Southern View, IL
The real estate market in Southern View is currently stable, with moderate price growth over the past few years. The demand for single-family homes remains strong, as buyers appreciate the sense of community and available amenities, including local parks and schools. Homes here are typically well-maintained, leading to a competitive market for desirable properties.
In terms of real estate trends, Southern View has seen an increase in younger families relocating to the area, primarily due to its affordability and family-friendly environment. The rental market is also on the rise, attracting new arrivals while providing a steady income for investors.
Home Value Estimator For Southern View, IL
There are currently 807 real estate properties
in Southern View, IL,
with a median automated valuation model (AVM) price
of $115,333.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Southern View, 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 Southern View, IL,
is $131,612.00, with the most expensive house
in Southern View, IL, topping out
at $2,451,853.00 and the cheapest home
in Southern View, IL,
clocking in at $24,529.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Southern View, IL!
Rent Prices
In Southern View, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Southern View, IL, is on
a rollercoaster ride. The
average rent price in Southern View, IL,
is $981.00. Indeed, when looking to rent in
Southern View, IL, you can expect to pay as little
as $680.00 or as much
as $1,270.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Southern View, 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
