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Preforeclosure Homes in Swansea, IL

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Living in Swansea, IL

Swansea, IL, is a quaint suburban community situated near St. Louis, known for its family-friendly atmosphere and appealing neighborhoods. With plenty of parks, shopping venues, and dining options, Swansea offers a balanced lifestyle. The area’s accessibility to major highways makes it a preferable choice for commuters and family life.

Current Market Conditions in Swansea, IL

The real estate market in Swansea has shown stability with a modest increase in home values over the past year. Demand for homes in suburban areas continues to rise as families seek more space and a quieter living environment compared to urban areas. Properties that are well-maintained and updated tend to sell quickly, often above the asking price.

Trends indicate a growing interest in Swansea for first-time home buyers, particularly due to its affordable home prices compared to neighboring regions. The community support and local amenities make it an attractive option for those entering the housing market.

Home Value Estimator For Swansea, IL

There are currently 4,600 real estate properties in Swansea, IL, with a median automated valuation model (AVM) price of $238,368.00. 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 $272,767.00, with the most expensive house in Swansea, IL, topping out at $7,708,163.00 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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