Thomson, IL Foreclosures
How much do homes sell for in Thomson, IL?
The average home price is currently $182,616.
In Thomson, IL, how many homes are available?
There are currently 1 active home listings available in Thomson.
What’s the average rental cost in Thomson, IL?
The average rental price in Thomson is $1,155.
What is the most expensive home in Thomson?
The most expensive home sold in Thomson had a price of $1,248,288.
What is currently the cheapest priced home in Thomson, IL?
The cheapest home for sale in Thomson is priced at $12,673.
Living in Thomson, IL
Thomson is a small, friendly village located in the northwestern region of Illinois. Known for its picturesque landscapes and tight-knit community, Thomson offers a peaceful lifestyle away from the hustle and bustle of city life. Residents enjoy access to various outdoor activities, including hiking, fishing, and nature walks, thanks to the area's lovely parks and natural surroundings.
Current Market Conditions in Thomson, IL
The real estate market in Thomson is currently stable, with a moderate demand for housing. Homes are typically available at affordable price points, making it an attractive option for first-time buyers or those looking to downsize. The community's appeal lies in its rural charm and the availability of spacious properties, often accompanied by larger lots that provide privacy and outdoor space.
Recent trends indicate a slight increase in home values, driven by the desire for affordable housing and the charm of rural living. As more people seek to escape urban areas in favor of quieter, more tranquil communities, locations like Thomson are becoming increasingly desirable.
Home Value Estimator For Thomson, IL
There are currently 766 real estate properties
in Thomson, IL,
with a median automated valuation model (AVM) price
of $154,886.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Thomson, 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 Thomson, IL,
is $182,616.00, with the most expensive house
in Thomson, IL, topping out
at $1,248,288.00 and the cheapest home
in Thomson, IL,
clocking in at $12,673.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Thomson, IL!
Rent Prices
In Thomson, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Thomson, IL, is on
a rollercoaster ride. The
average rent price in Thomson, IL,
is $1,155.00. Indeed, when looking to rent in
Thomson, IL, you can expect to pay as little
as $590.00 or as much
as $2,100.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Thomson, 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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