Tovey, IL Foreclosures
How much do homes sell for in Tovey, IL?
The average home price is currently $107,270.
In Tovey, IL, how many homes are available?
There are currently 34 active home listings available in Tovey.
What’s the average rental cost in Tovey, IL?
The average rental price in Tovey is $1,205.
What is the most expensive home in Tovey?
The most expensive home sold in Tovey had a price of $533,499.
What is currently the cheapest priced home in Tovey, IL?
The cheapest home for sale in Tovey is priced at $11,145.
Living in Tovey, IL
Tovey, IL, is a quaint village known for its peaceful rural environment and strong sense of community. The village offers residents a serene lifestyle with access to nearby amenities and outdoor activities. Its proximity to major transportation routes makes it an ideal location for those seeking a slower pace of life with convenient commuting options.
Current Market Conditions in Tovey, IL
The real estate market in Tovey has recently seen a modest increase in demand, largely driven by families looking for affordable housing options in a calm setting. Despite its small size, Tovey's appeal lies in its affordability and community atmosphere, translating to stable property values in the area.
As more people seek refuge from urban environments, Tovey’s charm as a rural village is enhancing its market viability. There is a mixture of single-family homes and smaller properties available, catering to a variety of potential residents from first-time buyers to retirees.
Home Value Estimator For Tovey, IL
There are currently 210 real estate properties
in Tovey, IL,
with a median automated valuation model (AVM) price
of $92,872.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tovey, 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 Tovey, IL,
is $107,270.00, with the most expensive house
in Tovey, IL, topping out
at $533,499.00 and the cheapest home
in Tovey, IL,
clocking in at $11,145.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tovey, IL!
Rent Prices
In Tovey, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tovey, IL, is on
a rollercoaster ride. The
average rent price in Tovey, IL,
is $1,205.00. Indeed, when looking to rent in
Tovey, IL, you can expect to pay as little
as $800.00 or as much
as $1,850.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Tovey, 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
