Varna, IL Foreclosures
How much do homes sell for in Varna, IL?
The average home price is currently $235,464.
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 $759,500.
What is currently the cheapest priced home in Varna, IL?
The cheapest home for sale in Varna is priced at $10,236.
Living in Varna, IL
Nestled in the scenic countryside of Illinois, Varna offers a peaceful retreat with a strong community spirit. Known for its friendly atmosphere and local amenities, it's a perfect spot for families seeking a quiet lifestyle while being close to nature. With excellent educational facilities and various outdoor activities, Varna is a promising place to call home.
Current Market Conditions in Varna, IL
The real estate market in Varna has shown steady growth over the past year, with a balanced mix of affordable homes and luxury properties. The demand for residences has increased, making it a competitive market, particularly for first-time homebuyers and investors.
Recent trends indicate that home prices are on the rise while the inventory remains relatively low. This situation is attracting buyers looking for value in a small-town setup, suggesting that investing in Varna could yield positive returns.
Home Value Estimator For Varna, IL
There are currently 823 real estate properties
in Varna, IL,
with a median automated valuation model (AVM) price
of $218,334.00. 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 $235,464.00, with the most expensive house
in Varna, IL, topping out
at $759,500.00 and the cheapest home
in Varna, IL,
clocking in at $10,236.00. 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.
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