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Foreclosure Homes in Topeka, IL

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Topeka, IL Foreclosures

How much do homes sell for in Topeka, IL?
The average home price is currently $102,477.
In Topeka, IL, how many homes are available?
There are currently 5 active home listings available in Topeka.
What’s the average rental cost in Topeka, IL?
The average rental price in Topeka is $843.
What is the most expensive home in Topeka?
The most expensive home sold in Topeka had a price of $719,524.
What is currently the cheapest priced home in Topeka, IL?
The cheapest home for sale in Topeka is priced at $7,216.

Living in Topeka, IL

Topeka, IL is a quaint small town that offers a tight-knit community feel with access to essential amenities. Known for its family-friendly environment and local charm, this area is perfect for those looking for a serene lifestyle while remaining connected to nature and community events.

Current Market Conditions in Topeka, IL

The Topeka real estate market has seen slight fluctuations in demand over the recent months, with home prices stabilizing as the town attracts more families and individuals seeking a peaceful lifestyle. Many homes in the area are well-maintained and offer a variety of styles, catering to different preferences.

Due to the proximity of larger cities and the growing interest in suburban living, investment opportunities are abundant in Topeka. The steady appreciation in home values suggests that now might be a good time for potential buyers to consider making Topeka their home.

Home Value Estimator For Topeka, IL

There are currently 356 real estate properties in Topeka, IL, with a median automated valuation model (AVM) price of $63,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Topeka, 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 Topeka, IL, is $102,477.00, with the most expensive house in Topeka, IL, topping out at $719,524.00 and the cheapest home in Topeka, IL, clocking in at $7,216.00. In other words, there’s something for every potential homebuyer or savvy investor in Topeka, IL!

Rent Prices In Topeka, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Topeka, IL, is on a rollercoaster ride. The average rent price in Topeka, IL, is $843.00. Indeed, when looking to rent in Topeka, IL, you can expect to pay as little as $570.00 or as much as $1,520.00, with the average rent median estimated to be $740.00. The good news is that finding an affordable and desirable property to rent in Topeka, 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.

Topeka, IL Foreclosures


Market Trend for Topeka, IL

Total Listings Available: 5

Market Values:

Home Prices from $7,216 to $719,524

Average Sales Price: $102,477

Rental Values:

Rental from $570 to $1,520

Average Rent Value: $843 / month

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