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Foreclosure Homes in Stone Park, IL

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Stone Park, IL Foreclosures

How much do homes sell for in Stone Park, IL?
The average home price is currently $284,080.
In Stone Park, IL, how many homes are available?
There are currently 29 active home listings available in Stone Park.
What’s the average rental cost in Stone Park, IL?
The average rental price in Stone Park is $1,481.
What is the most expensive home in Stone Park?
The most expensive home sold in Stone Park had a price of $2,711,699.
What is currently the cheapest priced home in Stone Park, IL?
The cheapest home for sale in Stone Park is priced at $28,691.

Living in Stone Park, IL

Stone Park, IL, is a quaint suburban village known for its strong community bonds, accessible amenities, and proximity to Chicago. Residents enjoy a peaceful lifestyle with ample parks and recreational spaces. The area provides a good balance of suburban comfort with urban accessibility.

Current Market Conditions in Stone Park, IL

The real estate market in Stone Park has shown steady growth over the past few months. Listings are brisk, especially for single-family homes, which are in high demand due to the area's affordability compared to neighboring suburbs. Homebuyers are taking advantage of low mortgage rates, which has led to a healthy turnover of properties in the market.

New developments and renovations are taking place, with several homes being updated to attract first-time buyers and families looking for spacious living options. The growing appreciation of properties in Stone Park suggests a healthy and competitive real estate environment.

Home Value Estimator For Stone Park, IL

There are currently 932 real estate properties in Stone Park, IL, with a median automated valuation model (AVM) price of $267,864.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Stone Park, 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 Stone Park, IL, is $284,080.00, with the most expensive house in Stone Park, IL, topping out at $2,711,699.00 and the cheapest home in Stone Park, IL, clocking in at $28,691.00. In other words, there’s something for every potential homebuyer or savvy investor in Stone Park, IL!

Rent Prices In Stone Park, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Stone Park, IL, is on a rollercoaster ride. The average rent price in Stone Park, IL, is $1,481.00. Indeed, when looking to rent in Stone Park, IL, you can expect to pay as little as $770.00 or as much as $1,950.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Stone Park, 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.

Stone Park, IL Foreclosures


Market Trend for Stone Park, IL

Total Listings Available: 29

Market Values:

Home Prices from $28,691 to $2,711,699

Average Sales Price: $284,080

Rental Values:

Rental from $770 to $1,950

Average Rent Value: $1,481 / month

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