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Foreclosure Homes in Varna, IL

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Varna, IL Foreclosures

How much do homes sell for in Varna, IL?
The average home price is currently $235,761.
In Varna, IL, how many homes are available?
There are currently 26 active home listings available in Varna.
What’s the average rental cost in Varna, IL?
The average rental price in Varna is $1,357.
What is the most expensive home in Varna?
The most expensive home sold in Varna had a price of $667,972.
What is currently the cheapest priced home in Varna, IL?
The cheapest home for sale in Varna is priced at $33,302.

Living in Varna, IL

Varna, Illinois, is a peaceful village known for its friendly community and rural lifestyle. With a population of roughly 300 residents, it provides a tight-knit atmosphere perfect for families and individuals seeking tranquility. Surrounded by beautiful farmland, Varna offers plenty of outdoor activities along with access to essential amenities in nearby towns.

Current Market Conditions in Varna, IL

The real estate market in Varna has shown a steady increase over the past year, with homes seeing a moderate appreciation in value. The village remains an attractive option for those looking for affordable housing in a serene setting. Properties are generally well-maintained and offer buyers the chance to invest in a quaint community.

The rising interest in rural properties has led to a slight uptick in demand for homes in Varna, resulting in more competitive pricing. Investors and first-time homebuyers are drawn to the area's low property taxes and charming environment.

Home Value Estimator For Varna, IL

There are currently 709 real estate properties in Varna, IL, with a median automated valuation model (AVM) price of $216,651.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Varna, 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 Varna, IL, is $235,761.00, with the most expensive house in Varna, IL, topping out at $667,972.00 and the cheapest home in Varna, IL, clocking in at $33,302.00. In other words, there’s something for every potential homebuyer or savvy investor in Varna, IL!

Rent Prices In Varna, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Varna, IL, is on a rollercoaster ride. The average rent price in Varna, IL, is $1,357.00. Indeed, when looking to rent in Varna, IL, you can expect to pay as little as $470.00 or as much as $2,460.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Varna, 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.

Varna, IL Foreclosures


Market Trend for Varna, IL

Total Listings Available: 26

Market Values:

Home Prices from $33,302 to $667,972

Average Sales Price: $235,761

Rental Values:

Rental from $470 to $2,460

Average Rent Value: $1,357 / month

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