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Multi-family Foreclosures in Tovey, IL

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Tovey, IL Foreclosures

How much do homes sell for in Tovey, IL?
The average home price is currently $106,243.
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 $11,247.

Living in Tovey, IL

Tovey, IL, is a quaint village offering a peaceful, rural atmosphere, perfect for families and individuals seeking a close-knit community. With its access to nature and outdoor activities, residents enjoy a tranquil lifestyle. Proximity to larger towns ensures all necessary amenities are readily accessible, combining the best of rural living with urban convenience.

Current Market Conditions in Tovey, IL

Tovey's real estate market has remained stable over the past year, with moderate price increases reflecting a growing interest in the area. The village continues to attract individuals and families looking for affordable housing options while still being near larger urban centers.

There is a noticeable trend of individuals seeking quieter living environments, which has contributed to a steady demand for homes in Tovey. As more people prioritize space and affordability amid rising city costs, Tovey is positioned well to benefit from this shift.

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 $91,289.00. 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 $106,243.00, with the most expensive house in Tovey, IL, topping out at $533,499.00 and the cheapest home in Tovey, IL, clocking in at $11,247.00. 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.

Tovey, IL Multi-family Homes


Market Trend for Tovey, IL

Total Listings Available: 0

Market Values:

Home Prices from $11,247 to $533,499

Average Sales Price: $106,243

Rental Values:

Rental from $800 to $1,850

Average Rent Value: $1,205 / month

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