Tennessee, IL Foreclosures
How much do homes sell for in Tennessee, IL?
The average home price is currently $93,607.
In Tennessee, IL, how many homes are available?
There are currently 38 active home listings available in Tennessee.
What’s the average rental cost in Tennessee, IL?
The average rental price in Tennessee is $916.
What is the most expensive home in Tennessee?
The most expensive home sold in Tennessee had a price of $332,769.
What is currently the cheapest priced home in Tennessee, IL?
The cheapest home for sale in Tennessee is priced at $11,127.
Living in Tennessee, IL
Tennessee, IL is a quaint small town that offers a peaceful rural lifestyle complemented by a tight-knit community. Surrounded by beautiful landscapes and friendly local businesses, this area is ideal for families and individuals alike. With convenient access to larger cities, residents can enjoy the best of both worlds: serene living and urban amenities.
Current Market Conditions in Tennessee, IL
The real estate market in Tennessee, IL, remains stable with current prices reflecting the area's charm and appeal to buyers seeking tranquility. Homes tend to sell quickly due to the limited inventory available, showing a balanced market that favors neither buyers nor sellers significantly. Increased interest in rural living because of ongoing remote work opportunities has kept demand steady, particularly among families.
Investors are noticing the growth potential in Tennessee, fueled by new developments on the outskirts. Local amenities and a quaint community feel are driving up interest among new residents, which bodes well for overall property values in the coming years.
Home Value Estimator For Tennessee, IL
There are currently 112 real estate properties
in Tennessee, IL,
with a median automated valuation model (AVM) price
of $67,241.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tennessee, 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 Tennessee, IL,
is $93,607.00, with the most expensive house
in Tennessee, IL, topping out
at $332,769.00 and the cheapest home
in Tennessee, IL,
clocking in at $11,127.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tennessee, IL!
Rent Prices
In Tennessee, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tennessee, IL, is on
a rollercoaster ride. The
average rent price in Tennessee, IL,
is $916.00. Indeed, when looking to rent in
Tennessee, IL, you can expect to pay as little
as $470.00 or as much
as $1,840.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Tennessee, 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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