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Foreclosure Homes in Towanda, IL

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Towanda, IL Foreclosures

How much do homes sell for in Towanda, IL?
The average home price is currently $298,675.
In Towanda, IL, how many homes are available?
There are currently 1 active home listings available in Towanda.
What’s the average rental cost in Towanda, IL?
The average rental price in Towanda is $1,528.
What is the most expensive home in Towanda?
The most expensive home sold in Towanda had a price of $1,753,946.
What is currently the cheapest priced home in Towanda, IL?
The cheapest home for sale in Towanda is priced at $24,345.

Living in Towanda, IL

Nestled in McLean County, Towanda, IL is a quaint village that offers a tight-knit community and easy access to outdoor activities. Known for its friendly atmosphere, Towanda is conveniently located near Bloomington-Normal, providing residents with a variety of amenities. Whether you're looking to settle down in a peaceful location or enjoy nearby urban conveniences, Towanda is an ideal choice.

Current Market Conditions in Towanda, IL

The current real estate market in Towanda shows steady growth, with a notable increase in demand for homes as more families discover this charming village. As a result, home prices are on the rise, making it a great time for potential investors to consider properties in the area.

Due to its proximity to Bloomington-Normal, Towanda is becoming more popular among young professionals and families looking for affordable housing and a quieter lifestyle. The market trends indicate that as awareness of the community increases, demand will continue to grow.

Home Value Estimator For Towanda, IL

There are currently 577 real estate properties in Towanda, IL, with a median automated valuation model (AVM) price of $257,532.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Towanda, 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 Towanda, IL, is $298,675.00, with the most expensive house in Towanda, IL, topping out at $1,753,946.00 and the cheapest home in Towanda, IL, clocking in at $24,345.00. In other words, there’s something for every potential homebuyer or savvy investor in Towanda, IL!

Rent Prices In Towanda, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Towanda, IL, is on a rollercoaster ride. The average rent price in Towanda, IL, is $1,528.00. Indeed, when looking to rent in Towanda, IL, you can expect to pay as little as $810.00 or as much as $2,900.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Towanda, 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.

Towanda, IL Foreclosures

Market Trend for Towanda, IL

Total Listings Available: 1

Market Values:

Home Prices from $24,345 to $1,753,946

Average Sales Price: $298,675

Rental Values:

Rental from $810 to $2,900

Average Rent Value: $1,528 / month

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