Sumner, IL Foreclosures
How much do homes sell for in Sumner, IL?
The average home price is currently $111,569.
In Sumner, IL, how many homes are available?
There are currently 1 active home listings available in Sumner.
What’s the average rental cost in Sumner, IL?
The average rental price in Sumner is $920.
What is the most expensive home in Sumner?
The most expensive home sold in Sumner had a price of $549,012.
What is currently the cheapest priced home in Sumner, IL?
The cheapest home for sale in Sumner is priced at $16,494.
Living in Sumner, IL
Sumner, IL is a picturesque small town in southern Illinois known for its friendly community and peaceful living environment. Quiet and serene, it is an ideal location for families and retirees looking for a slower-paced lifestyle while remaining close to access urban conveniences. The surrounding nature offers ample opportunities for outdoor activities as well.
Current Market Conditions in Sumner, IL
The real estate market in Sumner, IL, remains stable, with a mix of affordable homes and some higher-priced options appealing to potential buyers. The town typically sees a steady market due to its small size and close-knit community atmosphere. Though inventory may be limited at times, the appeal of the area continues to attract new families and retirees, contributing to a healthy demand in real estate.
There is an increasing interest in the area for those looking for investment opportunities, as home prices remain lower compared to urban areas. This trend could lead to further appreciation, making it a strategic location for real estate investments.
Home Value Estimator For Sumner, IL
There are currently 689 real estate properties
in Sumner, IL,
with a median automated valuation model (AVM) price
of $91,018.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sumner, 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 Sumner, IL,
is $111,569.00, with the most expensive house
in Sumner, IL, topping out
at $549,012.00 and the cheapest home
in Sumner, IL,
clocking in at $16,494.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sumner, IL!
Rent Prices
In Sumner, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sumner, IL, is on
a rollercoaster ride. The
average rent price in Sumner, IL,
is $920.00. Indeed, when looking to rent in
Sumner, IL, you can expect to pay as little
as $470.00 or as much
as $2,100.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Sumner, 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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