Toledo, IL Foreclosures
How much do homes sell for in Toledo, IL?
The average home price is currently $162,941.
In Toledo, IL, how many homes are available?
There are currently 5 active home listings available in Toledo.
What’s the average rental cost in Toledo, IL?
The average rental price in Toledo is $1,037.
What is the most expensive home in Toledo?
The most expensive home sold in Toledo had a price of $624,801.
What is currently the cheapest priced home in Toledo, IL?
The cheapest home for sale in Toledo is priced at $18,870.
Living in Toledo, IL
Toledo, IL is a small town with a friendly atmosphere and various amenities for residents. The town features parks, schools, and local businesses, making it a convenient and pleasant place to live. Its rural charm combined with community activities offers a unique living experience.
Current Market Conditions in Toledo, IL
Toledo's real estate market is currently stable, characterized by a steady demand for homes and a variety of housing options. The affordability of homes in the area, compared to larger cities, continues to attract young families and retirees looking for a peaceful place to settle down. Interest in the local market has grown, with more buyers looking for single-family homes and smaller properties that enhance community living.
As of late 2023, Toledo has shown promising signs of growth in real estate investments, driven by ongoing development initiatives and improvements in local infrastructure. Investors are increasingly interested in Toledo for its potential, with the market finding equilibrium between supply and demand.
Home Value Estimator For Toledo, IL
There are currently 915 real estate properties
in Toledo, IL,
with a median automated valuation model (AVM) price
of $142,092.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Toledo, 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 Toledo, IL,
is $162,941.00, with the most expensive house
in Toledo, IL, topping out
at $624,801.00 and the cheapest home
in Toledo, IL,
clocking in at $18,870.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Toledo, IL!
Rent Prices
In Toledo, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Toledo, IL, is on
a rollercoaster ride. The
average rent price in Toledo, IL,
is $1,037.00. Indeed, when looking to rent in
Toledo, IL, you can expect to pay as little
as $570.00 or as much
as $1,880.00,
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 Toledo, 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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