Tampico, IL Foreclosures
How much do homes sell for in Tampico, IL?
The average home price is currently $124,430.
In Tampico, IL, how many homes are available?
There are currently 1 active home listings available in Tampico.
What’s the average rental cost in Tampico, IL?
The average rental price in Tampico is $1,021.
What is the most expensive home in Tampico?
The most expensive home sold in Tampico had a price of $1,108,888.
What is currently the cheapest priced home in Tampico, IL?
The cheapest home for sale in Tampico is priced at $15,277.
Living in Tampico, IL
Tampico, IL, is a quaint village that combines a rich agricultural background with a strong community spirit. With nearby parks and simple amenities, it’s an ideal spot for those seeking a serene lifestyle away from the busy city life. Families enjoy the friendly atmosphere, and outdoor activities abound!
Current Market Conditions in Tampico, IL
The real estate market in Tampico, IL, is currently stable, with a balance between buyers and sellers. The demand for homes is steady, attributed to the village's allure of rural living combined with proximity to larger towns. Properties often experience quick turnover, emphasizing the desirability of the area for families and retirees alike.
Recent trends indicate a slight increase in home prices, reflecting a growing interest in this charming village. As farmland continues to be converted for residential use, the market is expected to remain favorable for sellers while still providing affordable options for buyers.
Home Value Estimator For Tampico, IL
There are currently 464 real estate properties
in Tampico, IL,
with a median automated valuation model (AVM) price
of $111,662.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tampico, 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 Tampico, IL,
is $124,430.00, with the most expensive house
in Tampico, IL, topping out
at $1,108,888.00 and the cheapest home
in Tampico, IL,
clocking in at $15,277.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tampico, IL!
Rent Prices
In Tampico, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tampico, IL, is on
a rollercoaster ride. The
average rent price in Tampico, IL,
is $1,021.00. Indeed, when looking to rent in
Tampico, IL, you can expect to pay as little
as $600.00 or as much
as $1,980.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Tampico, 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.
Learn more on Foreclosure homes
