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Preforeclosure Homes in Strawn, IL 61775

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Strawn, IL Foreclosures

How much do homes sell for in Strawn, IL?
The average home price is currently $221,412.
In Strawn, IL, how many homes are available?
There are currently 1 active home listings available in Strawn.
What’s the average rental cost in Strawn, IL?
The average rental price in Strawn is $1,123.
What is the most expensive home in Strawn?
The most expensive home sold in Strawn had a price of $817,949.
What is currently the cheapest priced home in Strawn, IL?
The cheapest home for sale in Strawn is priced at $24,900.

Living in Strawn, IL

Strawn, Illinois, is a small and welcoming village known for its tight-knit community and rural charm. With a variety of outdoor activities and a peaceful lifestyle, Strawn attracts those seeking a slower pace of life while still enjoying the benefits of nearby urban amenities.

Current Market Conditions in Strawn, IL

The real estate market in Strawn, IL, remains stable, with a steady demand for homes, particularly among first-time buyers and families looking for affordable options. Prices in the area have shown a slight increase as more people are moving towards smaller towns for a more relaxed lifestyle.

As of late summer 2023, Strawn has seen some appreciation in home values due to low inventory and increased interest from buyers seeking to escape urban areas. This trend is expected to continue as the allure of rural living grows.

Home Value Estimator For Strawn, IL

There are currently 135 real estate properties in Strawn, IL, with a median automated valuation model (AVM) price of $196,201.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Strawn, 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 Strawn, IL, is $221,412.00, with the most expensive house in Strawn, IL, topping out at $817,949.00 and the cheapest home in Strawn, IL, clocking in at $24,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Strawn, IL!

Rent Prices In Strawn, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Strawn, IL, is on a rollercoaster ride. The average rent price in Strawn, IL, is $1,123.00. Indeed, when looking to rent in Strawn, IL, you can expect to pay as little as $730.00 or as much as $2,400.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Strawn, 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.

Strawn, IL 61775 Preforeclosure Homes


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