Summit Argo, IL Foreclosures
How much do homes sell for in Summit Argo, IL?
The average home price is currently $282,425.
In Summit Argo, IL, how many homes are available?
There are currently 21 active home listings available in Summit Argo.
What’s the average rental cost in Summit Argo, IL?
The average rental price in Summit Argo is $1,590.
What is the most expensive home in Summit Argo?
The most expensive home sold in Summit Argo had a price of $638,762.
What is currently the cheapest priced home in Summit Argo, IL?
The cheapest home for sale in Summit Argo is priced at $24,708.
Living in Summit Argo, IL
Summit Argo, IL, is a small, charming village characterized by its friendly atmosphere and community spirit. With convenient access to Chicago and a selection of local parks and schools, it offers an inviting blend of suburban living with urban conveniences. The area is ideal for families and young professionals alike, fostering a comfortable and engaging environment.
Current Market Conditions in Summit Argo, IL
The real estate market in Summit Argo has been showing steady growth over the past several years, reflecting a desirable community with various housing options. Currently, homes are appreciating in value steadily, with many properties selling within a few weeks of listing. As more people recognize the affordability and convenience of living in this village, demand is likely to continue rising, making it an attractive area for investment.
Inventory levels have remained low, with a competitive market environment that has led to increased competition among buyers. This trend suggests that prices may continue to rise as the area grows in popularity, highlighting the importance of timely decision-making for potential homeowners.
Home Value Estimator For Summit Argo, IL
There are currently 1,041 real estate properties
in Summit Argo, IL,
with a median automated valuation model (AVM) price
of $286,382.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Summit Argo, 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 Summit Argo, IL,
is $282,425.00, with the most expensive house
in Summit Argo, IL, topping out
at $638,762.00 and the cheapest home
in Summit Argo, IL,
clocking in at $24,708.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Summit Argo, IL!
Rent Prices
In Summit Argo, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Summit Argo, IL, is on
a rollercoaster ride. The
average rent price in Summit Argo, IL,
is $1,590.00. Indeed, when looking to rent in
Summit Argo, IL, you can expect to pay as little
as $1,080.00 or as much
as $2,470.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Summit Argo, 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.
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