Tennessee, IL Foreclosures
How much do homes sell for in Tennessee, IL?
The average home price is currently $130,398.
In Tennessee, IL, how many homes are available?
There are currently 43 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 $1,635,119.
What is currently the cheapest priced home in Tennessee, IL?
The cheapest home for sale in Tennessee is priced at $11,116.
Living in Tennessee, IL
Tennessee, IL, is a quaint town characterized by its welcoming community and picturesque landscapes. With various local parks and outdoor activities, it offers a peaceful lifestyle away from the hustle of big cities. Its proximity to larger urban areas provides residents with accessibility to essential amenities and services.
Current Market Conditions in Tennessee, IL
The real estate market in Tennessee, IL, has shown signs of stability over the past few months. Home prices have remained relatively steady, with gradual upward trends noted in several neighborhoods. This area tends to attract first-time home buyers due to its affordability and small-town charm, making it an enticing market for real estate investment.
The demand for homes in Tennessee is consistent, with a balance of new constructions and older homes that appeal to a range of buyers. The community's appeal lies in its affordability compared to surrounding areas, encouraging families and retirees to seek residence here.
Home Value Estimator For Tennessee, IL
There are currently 129 real estate properties
in Tennessee, IL,
with a median automated valuation model (AVM) price
of $75,628.00. 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 $130,398.00, with the most expensive house
in Tennessee, IL, topping out
at $1,635,119.00 and the cheapest home
in Tennessee, IL,
clocking in at $11,116.00. 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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