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 1 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 and tranquil village that offers a serene living environment while being close enough to nearby urban centers. Its community-focused lifestyle, coupled with an array of local amenities and outdoor activities, makes it an ideal spot for families and individuals looking for a peaceful home. The area is also known for its excellent school system and friendly residents, which contribute to its allure.
Current Market Conditions in Topeka, IL
Currently, the Topeka real estate market is stable, with a mix of single-family homes and a few townhouses available. Prices have seen a modest increase over the past few months, reflecting the area's growing desirability as more families seek homes in quieter, suburban locations.
The housing inventory remains relatively low, which is indicative of strong demand. Homes in Topeka tend to sell quickly due to the limited options, making it a competitive market for buyers.
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.
Learn more on Foreclosure homes
