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Preforeclosure Homes in Swansea, IL

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Living in Swansea, IL

Swansea, IL, is a welcoming suburban community nestled just minutes from St. Louis. It boasts a range of amenities, including parks and local businesses, while providing excellent access to transportation routes. Families will appreciate the strong educational institutions that serve the area.

Current Market Conditions in Swansea, IL

The real estate market in Swansea is currently experiencing steady growth, with home values steadily increasing as more people discover the benefits of living in this suburban oasis. The demand for properties in the area is driven by its appealing lifestyle and convenient access to nearby urban amenities.

Investors will find it an opportune time to enter the market, as inventory remains relatively low, leading to competitive offers on well-maintained homes. As the trend of moving out of larger urban centers continues, Swansea is poised to benefit significantly.

Home Value Estimator For Swansea, IL

There are currently 4,599 real estate properties in Swansea, IL, with a median automated valuation model (AVM) price of $239,267.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Swansea, 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 Swansea, IL, is $272,112.00, with the most expensive house in Swansea, IL, topping out at $7,515,923.00 and the cheapest home in Swansea, IL, clocking in at $12,085.00. In other words, there’s something for every potential homebuyer or savvy investor in Swansea, IL!

Rent Prices In Swansea, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Swansea, IL, is on a rollercoaster ride. The average rent price in Swansea, IL, is $1,294.00. Indeed, when looking to rent in Swansea, IL, you can expect to pay as little as $500.00 or as much as $2,940.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Swansea, 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.

Swansea, IL Preforeclosure Homes


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