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Foreclosure Homes in Tonica, IL 61370

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Tonica, IL Foreclosures

How much do homes sell for in Tonica, IL?
The average home price is currently $191,363.
In Tonica, IL, how many homes are available?
There are currently 3 active home listings available in Tonica.
What’s the average rental cost in Tonica, IL?
The average rental price in Tonica is $1,109.
What is the most expensive home in Tonica?
The most expensive home sold in Tonica had a price of $1,875,080.
What is currently the cheapest priced home in Tonica, IL?
The cheapest home for sale in Tonica is priced at $13,947.

Living in Tonica, IL

Tonica, IL is a charming village that embodies a tight-knit community and rural charm. Known for its serene landscapes and close proximity to nature, residents enjoy a tranquil lifestyle enriched with local events. The area features good schools and is family-friendly, making it an ideal spot for raising children.

Current Market Conditions in Tonica, IL

The real estate market in Tonica is experiencing steady growth as more families seek quieter living environments away from urban sprawl. Home prices have gradually increased, indicating a growing demand for properties in the area, especially among those looking for spacious homes with land.

With a mix of historic houses and newer constructions, buyers can find various styles that cater to their preferences. As the market evolves, Tonica remains an attractive option for both first-time buyers and those looking to invest in rental properties.

Home Value Estimator For Tonica, IL

There are currently 483 real estate properties in Tonica, IL, with a median automated valuation model (AVM) price of $171,551.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tonica, 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 Tonica, IL, is $191,363.00, with the most expensive house in Tonica, IL, topping out at $1,875,080.00 and the cheapest home in Tonica, IL, clocking in at $13,947.00. In other words, there’s something for every potential homebuyer or savvy investor in Tonica, IL!

Rent Prices In Tonica, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tonica, IL, is on a rollercoaster ride. The average rent price in Tonica, IL, is $1,109.00. Indeed, when looking to rent in Tonica, IL, you can expect to pay as little as $630.00 or as much as $1,870.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Tonica, 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.

Tonica, IL 61370 Foreclosures


Market Trend for Tonica, IL

Total Listings Available: 3

Market Values:

Home Prices from $13,947 to $1,875,080

Average Sales Price: $191,363

Rental Values:

Rental from $630 to $1,870

Average Rent Value: $1,109 / month

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