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Preforeclosure Homes in Sullivan, IL

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Living in Sullivan, IL

Sullivan, IL, is a quaint community known for its small-town charm and friendly atmosphere. The city provides excellent educational options and plenty of recreational opportunities, making it an attractive place for families. With its easy access to larger towns, Sullivan strikes a perfect balance between rural relaxation and urban convenience.

Current Market Conditions in Sullivan, IL

The current real estate market in Sullivan, IL, is stable, with a variety of housing options available from affordable starter homes to larger family residences. With its appealing lifestyle and low cost of living, Sullivan has seen a steady interest from homebuyers looking for tranquility and friendly communities.

Recent trends show an increase in demand for homes in the area, particularly with families and retirees seeking a quieter place to live. As a result, home values have seen modest appreciation, making it a potentially lucrative investment opportunity for real estate investors.

Home Value Estimator For Sullivan, IL

There are currently 2,873 real estate properties in Sullivan, IL, with a median automated valuation model (AVM) price of $162,155.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sullivan, 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 Sullivan, IL, is $195,958.00, with the most expensive house in Sullivan, IL, topping out at $2,448,893.00 and the cheapest home in Sullivan, IL, clocking in at $10,073.00. In other words, there’s something for every potential homebuyer or savvy investor in Sullivan, IL!

Rent Prices In Sullivan, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sullivan, IL, is on a rollercoaster ride. The average rent price in Sullivan, IL, is $1,168.00. Indeed, when looking to rent in Sullivan, IL, you can expect to pay as little as $570.00 or as much as $2,080.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Sullivan, 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.

Sullivan, IL Preforeclosure Homes


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