Sun River Terrace, IL Foreclosures
How much do homes sell for in Sun River Terrace, IL?
The average home price is currently $167,063.
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 $1,676,474.
What is currently the cheapest priced home in Sun River Terrace, IL?
The cheapest home for sale in Sun River Terrace is priced at $56,011.
Living in Sun River Terrace, IL
Sun River Terrace, IL, is a peaceful suburban community known for its family-friendly atmosphere and beautiful natural surroundings. With ample recreational opportunities and essential amenities close at hand, it’s an ideal location for those seeking a quiet life while still having access to urban conveniences. The area showcases a range of housing options suited for various budgets, making it a welcoming place for new residents.
Current Market Conditions in Sun River Terrace, IL
The real estate market in Sun River Terrace is currently favorable for buyers, with home prices showing slight fluctuations but overall remaining stable. The demand for homes in this area has increased recently, attracting more families looking for affordable housing in a suburban environment.
Over the past year, the market has seen an increase in listings, providing more options for potential buyers. The community’s appeal, combined with its proximity to larger cities in Illinois, contributes to a growing interest in the area's real estate.
Home Value Estimator For Sun River Terrace, IL
There are currently 21 real estate properties
in Sun River Terrace, IL,
with a median automated valuation model (AVM) price
of $87,967.00. 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 $167,063.00, with the most expensive house
in Sun River Terrace, IL, topping out
at $1,676,474.00 and the cheapest home
in Sun River Terrace, IL,
clocking in at $56,011.00. 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.
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