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Short Sale Listings in Sullivan, IL

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Sullivan, IL Foreclosures

Current Market Conditions in in Sullivan, IL As of February 2026?
Over the past month, Sullivan has experienced a slight increase in home prices, reflecting a growing interest in the area. This increase has been accompanied by a rise in inventory, providing buyers with more options. The community's charm and affordability continue to attract new residents looking for a peaceful place to call home. Additionally, homes in Sullivan tend to sell relatively quickly, indicating a healthy demand amidst the modest price growth observed recently.
How much do homes sell for in Sullivan, IL?
The average home price is currently $211,381.
In Sullivan, IL, how many homes are available?
There are currently 12 active home listings available in Sullivan.
What’s the average rental cost in Sullivan, IL?
The average rental price in Sullivan is $1,168.
What is the most expensive home in Sullivan?
The most expensive home sold in Sullivan had a price of $4,307,641.
What is currently the cheapest priced home in Sullivan, IL?
The cheapest home for sale in Sullivan is priced at $10,014.

Living in Sullivan, IL

Sullivan, a charming small town in Central Illinois, offers a peaceful and friendly atmosphere perfect for families and retirees alike. Known for its tight-knit community and beautiful landscapes, Sullivan boasts access to several amenities and outdoor activities. The town has a rich history that can be explored through its local parks and historical sites.

Buyer vs Seller Market in Sullivan, IL

The real estate market in Sullivan, IL is currently favoring buyers, with a steady increase in inventory leading to more choices for potential homeowners. The town's appealing lifestyle and affordability are contributing to the increased interest and demand for homes in the area.

In recent months, Sullivan has seen an uptick in home sales and new constructions, signaling a slowly growing popularity among families and retirees looking for a tranquil living environment away from larger cities.

Home Value Estimator For Sullivan, IL

There are currently 3,056 real estate properties in Sullivan, IL, with a median automated valuation model (AVM) price of $172,748.00. 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 $211,381.00, with the most expensive house in Sullivan, IL, topping out at $4,307,641.00 and the cheapest home in Sullivan, IL, clocking in at $10,014.00. 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 Short Sale Listings

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