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Foreclosure Homes in Sun River Terrace, IL 60964

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Sun River Terrace, IL Foreclosures

Current Market Conditions in in Sun River Terrace, IL As of February 2026?
In the past month, Sun River Terrace has seen a slight uptick in home sales as potential buyers take advantage of favorable financing options. The average time on the market has decreased slightly, reflecting increased interest, particularly in family-sized homes with yards.
How much do homes sell for in Sun River Terrace, IL?
The average home price is currently $160,966.
In Sun River Terrace, IL, how many homes are available?
There are currently 13 active home listings available in Sun River Terrace.
What’s the average rental cost in Sun River Terrace, IL?
The average rental price in Sun River Terrace is $970.
What is the most expensive home in Sun River Terrace?
The most expensive home sold in Sun River Terrace had a price of $1,655,894.
What is currently the cheapest priced home in Sun River Terrace, IL?
The cheapest home for sale in Sun River Terrace is priced at $22,127.

Living in Sun River Terrace, IL

Sun River Terrace, IL, offers a quaint and peaceful community perfect for families and individuals seeking a slower pace of life. Its local amenities, parks, and community spirit make it an attractive place to call home. With close proximity to Kankakee and excellent educational institutions nearby, Sun River Terrace is an ideal spot for various lifestyles.

Buyer vs Seller Market in Sun River Terrace, IL

The real estate market in Sun River Terrace is currently stable with a modest increase in home prices over the past year. The demand remains consistent, driven by families moving to the area for its peaceful ambiance and access to outdoor activities.

While home sales are increasing, the inventory remains limited, making the competition for available homes a bit higher. More people are looking at this community as an affordable alternative to urban living while still being close to Chicago.

Home Value Estimator For Sun River Terrace, IL

There are currently 22 real estate properties in Sun River Terrace, IL, with a median automated valuation model (AVM) price of $94,698.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sun River Terrace, 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 Sun River Terrace, IL, is $160,966.00, with the most expensive house in Sun River Terrace, IL, topping out at $1,655,894.00 and the cheapest home in Sun River Terrace, IL, clocking in at $22,127.00. In other words, there’s something for every potential homebuyer or savvy investor in Sun River Terrace, IL!

Rent Prices In Sun River Terrace, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sun River Terrace, IL, is on a rollercoaster ride. The average rent price in Sun River Terrace, IL, is $970.00. Indeed, when looking to rent in Sun River Terrace, IL, you can expect to pay as little as $970.00 or as much as $970.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Sun River Terrace, 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.

Sun River Terrace, IL 60964 Foreclosures


Market Trend for Sun River Terrace, IL

Total Listings Available: 13

Market Values:

Home Prices from $22,127 to $1,655,894

Average Sales Price: $160,966

Rental Values:

Rental from $970 to $970

Average Rent Value: $970 / month

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