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Preforeclosure Homes in Sun River Terrace, IL

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Sun River Terrace, IL Foreclosures

How much do homes sell for in Sun River Terrace, IL?
The average home price is currently $167,549.
In Sun River Terrace, IL, how many homes are available?
There are currently 2 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 $1,675,424.
What is currently the cheapest priced home in Sun River Terrace, IL?
The cheapest home for sale in Sun River Terrace is priced at $59,149.

Living in Sun River Terrace, IL

Sun River Terrace, Illinois, is a peaceful community that combines a welcoming small-town feel with convenient amenities. With its lush parks, family-friendly environment, and a strong sense of community, it’s a perfect locale for those seeking tranquility. Residents enjoy outdoor activities along the scenic Kankakee River, making it an attractive area for nature lovers.

Current Market Conditions in Sun River Terrace, IL

Sun River Terrace's real estate market has shown consistent growth over the last year, with an increase in home sales as buyers are drawn to the area’s charm and amenities. The community is gaining popularity as more families seek affordable housing options with good schools and ample outdoor activities, creating a competitive market for listings.

Overall, Sun River Terrace is a desirable destination for homebuyers, evidenced by the upward trend in home prices. The demand continues to rise, partially due to the town's appeal for those looking for a peaceful and community-oriented lifestyle.

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 $85,337.00. 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 $167,549.00, with the most expensive house in Sun River Terrace, IL, topping out at $1,675,424.00 and the cheapest home in Sun River Terrace, IL, clocking in at $59,149.00. 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 Preforeclosure Homes


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