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Preforeclosure Homes in Summerfield, IL 62289

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Summerfield, IL Foreclosures

Current Market Conditions in in Summerfield, IL As of February 2026?
Over the past month, the Summerfield real estate market has remained stable, with slight increases in home prices reflecting the ongoing demand. The average days on market for listings have decreased, indicating that homes are selling quicker than before. Potential buyers are encouraged to act fast as desirable properties are frequently scooped up shortly after being listed.
How much do homes sell for in Summerfield, IL?
The average home price is currently $131,188.
In Summerfield, IL, how many homes are available?
There are currently 3 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 $1,415,364.
What is currently the cheapest priced home in Summerfield, IL?
The cheapest home for sale in Summerfield is priced at $13,725.

Living in Summerfield, IL

Summerfield, IL is a charming village that offers a relaxing and friendly community atmosphere with access to key amenities and recreational facilities. Located in St. Clair County, it is ideal for families and individuals looking for quiet living close to nature, with a focus on education and community activities. The village’s proximity to larger cities adds convenience without sacrificing its small-town charm.

Buyer vs Seller Market in Summerfield, IL

The real estate market in Summerfield is experiencing steady growth, characterized by an increase in home values and a low inventory of available properties. Homes are increasingly sought after due to the village's charm and family-friendly environment.

The demand for housing in the area has led to a competitive market, with many homes receiving multiple offers shortly after listing. This trend indicates a healthy interest from buyers looking to invest in the community.

Home Value Estimator For Summerfield, IL

There are currently 265 real estate properties in Summerfield, IL, with a median automated valuation model (AVM) price of $111,165.00. 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 $131,188.00, with the most expensive house in Summerfield, IL, topping out at $1,415,364.00 and the cheapest home in Summerfield, IL, clocking in at $13,725.00. 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 Preforeclosure Homes


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