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Short Sale Listings in Timewell, IL

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Timewell, IL Foreclosures

Current Market Conditions in in Timewell, IL As of February 2026?
In the past month, Timewell's real estate market has seen increasing activity with a noticeable uptick in both buyer inquiries and home showings. While homes still average a couple of months on the market, recent sales have occurred at or near list price, reflecting a competitive but stable market. Local agents report that buyers are particularly interested in properties with land and larger plots, indicative of the desire for more outdoor space in a post-pandemic world. We expect this trend to continue, especially as the season shifts into fall, often a busy time for home sales.
How much do homes sell for in Timewell, IL?
The average home price is currently $199,402.
In Timewell, IL, how many homes are available?
There are currently 1 active home listings available in Timewell.
What’s the average rental cost in Timewell, IL?
The average rental price in Timewell is $1,070.
What is the most expensive home in Timewell?
The most expensive home sold in Timewell had a price of $1,397,930.
What is currently the cheapest priced home in Timewell, IL?
The cheapest home for sale in Timewell is priced at $15,285.

Living in Timewell, IL

Timewell is a small, welcoming village in Brown County, Illinois. Known for its tight-knit community and peaceful surroundings, Timewell offers a rural lifestyle with easy access to nearby larger towns for amenities. The area is perfect for those looking to escape the hustle and bustle of city life, while still having vital services within reach.

Buyer vs Seller Market in Timewell, IL

The real estate market in Timewell remains stable, with a consistent demand for single-family homes. Recent trends indicate a gradual increase in property values as more individuals and families seek the benefits of rural living while maintaining close access to urban amenities. The area’s affordability compared to urban centers makes it an attractive option for first-time homebuyers and retirees alike.

Home sales data over the past year shows that properties are staying on the market for slightly longer than in previous years, signaling a more balanced market where buyers can take their time to make decisions. With continued interest in the area, we anticipate gradual price appreciation as the community continues to attract new residents.

Home Value Estimator For Timewell, IL

There are currently 134 real estate properties in Timewell, IL, with a median automated valuation model (AVM) price of $142,192.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Timewell, 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 Timewell, IL, is $199,402.00, with the most expensive house in Timewell, IL, topping out at $1,397,930.00 and the cheapest home in Timewell, IL, clocking in at $15,285.00. In other words, there’s something for every potential homebuyer or savvy investor in Timewell, IL!

Rent Prices In Timewell, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Timewell, IL, is on a rollercoaster ride. The average rent price in Timewell, IL, is $1,070.00. Indeed, when looking to rent in Timewell, IL, you can expect to pay as little as $730.00 or as much as $1,780.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Timewell, 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.

Timewell, IL Short Sale Listings


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