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Foreclosure Homes in Thayer, IL

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Thayer, IL Foreclosures

How much do homes sell for in Thayer, IL?
The average home price is currently $87,795.
In Thayer, IL, how many homes are available?
There are currently 13 active home listings available in Thayer.
What’s the average rental cost in Thayer, IL?
The average rental price in Thayer is $1,040.
What is the most expensive home in Thayer?
The most expensive home sold in Thayer had a price of $415,197.
What is currently the cheapest priced home in Thayer, IL?
The cheapest home for sale in Thayer is priced at $24,417.

Living in Thayer, IL

Thayer, IL is a small community with a welcoming atmosphere, making it ideal for families and retirees. The area offers a relaxed rural lifestyle while remaining conveniently close to Springfield for additional amenities. Residents enjoy access to parks and a supportive educational environment.

Current Market Conditions in Thayer, IL

The real estate market in Thayer, IL is currently stable, with home prices that are relatively affordable compared to larger cities. Investors can find properties that provide good rental yields due to the town's low housing costs and consistent demand for rental units.

Recent trends indicate a slowly increasing interest in the area by families and retirees seeking a peaceful environment, making it an attractive option for investors looking for long-term appreciation potential.

Home Value Estimator For Thayer, IL

There are currently 273 real estate properties in Thayer, IL, with a median automated valuation model (AVM) price of $75,905.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Thayer, 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 Thayer, IL, is $87,795.00, with the most expensive house in Thayer, IL, topping out at $415,197.00 and the cheapest home in Thayer, IL, clocking in at $24,417.00. In other words, there’s something for every potential homebuyer or savvy investor in Thayer, IL!

Rent Prices In Thayer, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Thayer, IL, is on a rollercoaster ride. The average rent price in Thayer, IL, is $1,040.00. Indeed, when looking to rent in Thayer, IL, you can expect to pay as little as $530.00 or as much as $1,310.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Thayer, 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.

Thayer, IL Foreclosures


Market Trend for Thayer, IL

Total Listings Available: 13

Market Values:

Home Prices from $24,417 to $415,197

Average Sales Price: $87,795

Rental Values:

Rental from $530 to $1,310

Average Rent Value: $1,040 / month

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