Southern View, IL Foreclosures
How much do homes sell for in Southern View, IL?
The average home price is currently $129,813.
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 $2,251,452.
What is currently the cheapest priced home in Southern View, IL?
The cheapest home for sale in Southern View is priced at $23,936.
Living in Southern View, IL
Southern View is a charming community located near Springfield, IL, characterized by its peaceful neighborhoods, convenient access to recreational parks, and vibrant local amenities. The suburb fosters a family-friendly environment, with reputable schools and community-driven initiatives that bring residents together.
Current Market Conditions in Southern View, IL
The real estate market in Southern View, IL is steadily improving, with a healthy increase in home demand over the past few months. Home prices have shown consistent growth, reflecting an increase in buyer interest, especially from families seeking quieter environments.
Current market trends indicate that properties are selling at a faster pace compared to previous years, with many listings receiving multiple offers. This increase in competition is driving home values up, making it a favorable time for sellers.
Home Value Estimator For Southern View, IL
There are currently 805 real estate properties
in Southern View, IL,
with a median automated valuation model (AVM) price
of $114,598.00. 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 $129,813.00, with the most expensive house
in Southern View, IL, topping out
at $2,251,452.00 and the cheapest home
in Southern View, IL,
clocking in at $23,936.00. 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.
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