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Foreclosure Homes in Topeka, IL 61567

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Topeka, IL Foreclosures

How much do homes sell for in Topeka, IL?
The average home price is currently $105,387.
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 $674,199.
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 charming small town known for its friendly community and peaceful environment. Surrounded by beautiful natural landscapes, residents enjoy various outdoor activities and local amenities. With easy access to larger cities, Topeka offers a perfect mix of rural charm and urban convenience.

Current Market Conditions in Topeka, IL

The real estate market in Topeka has seen a steady increase in demand over the past year, driven by families seeking a quieter lifestyle outside of larger urban centers. Homes are in demand due to the town's affordability and the appealing local community.

Recent trends indicate a growing interest in single-family homes and expansion of neighborhoods as more people relocate to the area for its tranquility and affordability.

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 $63,987.00. 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 $105,387.00, with the most expensive house in Topeka, IL, topping out at $674,199.00 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 61567 Foreclosures


Market Trend for Topeka, IL

Total Listings Available: 5

Market Values:

Home Prices from $7,216 to $674,199

Average Sales Price: $105,387

Rental Values:

Rental from $570 to $1,520

Average Rent Value: $843 / month

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