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Foreclosure Homes in Summerfield, IL 62289

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Summerfield, IL Foreclosures

How much do homes sell for in Summerfield, IL?
The average home price is currently $127,305.
In Summerfield, IL, how many homes are available?
There are currently 2 active home listings available in Summerfield.
What’s the average rental cost in Summerfield, IL?
The average rental price in Summerfield is $1,044.
What is the most expensive home in Summerfield?
The most expensive home sold in Summerfield had a price of $892,205.
What is currently the cheapest priced home in Summerfield, IL?
The cheapest home for sale in Summerfield is priced at $13,445.

Living in Summerfield, IL

Summerfield, IL, is a charming suburb with a friendly atmosphere and access to essential amenities. It provides residents with peaceful living, quality schools, and beautiful parks. The area is perfect for families and investors seeking a tight-knit community.

Current Market Conditions in Summerfield, IL

The real estate market in Summerfield is thriving, with a mix of affordable and luxury homes attracting a diverse buyer demographic. Home values have shown consistent growth over the past few years, making it a promising location for real estate investment.

Current trends indicate a rising demand for family-centric communities, positioning Summerfield as an appealing choice for homebuyers and investors alike. The balance of suburban tranquility with accessibility to urban amenities makes it an advantageous market for investment.

Home Value Estimator For Summerfield, IL

There are currently 261 real estate properties in Summerfield, IL, with a median automated valuation model (AVM) price of $112,507.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summerfield, 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 Summerfield, IL, is $127,305.00, with the most expensive house in Summerfield, IL, topping out at $892,205.00 and the cheapest home in Summerfield, IL, clocking in at $13,445.00. In other words, there’s something for every potential homebuyer or savvy investor in Summerfield, IL!

Rent Prices In Summerfield, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summerfield, IL, is on a rollercoaster ride. The average rent price in Summerfield, IL, is $1,044.00. Indeed, when looking to rent in Summerfield, IL, you can expect to pay as little as $650.00 or as much as $1,590.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Summerfield, 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.

Summerfield, IL 62289 Foreclosures


Market Trend for Summerfield, IL

Total Listings Available: 2

Market Values:

Home Prices from $13,445 to $892,205

Average Sales Price: $127,305

Rental Values:

Rental from $650 to $1,590

Average Rent Value: $1,044 / month

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