Villa Ridge, IL Foreclosures
How much do homes sell for in Villa Ridge, IL?
The average home price is currently $99,111.
In Villa Ridge, IL, how many homes are available?
There are currently 1 active home listings available in Villa Ridge.
What’s the average rental cost in Villa Ridge, IL?
The average rental price in Villa Ridge is $951.
What is the most expensive home in Villa Ridge?
The most expensive home sold in Villa Ridge had a price of $255,268.
What is currently the cheapest priced home in Villa Ridge, IL?
The cheapest home for sale in Villa Ridge is priced at $30,000.
Living in Villa Ridge, IL
Villa Ridge is a quiet village in Illinois, known for its friendly community and serene landscapes. It offers a suburban feel with convenient access to city amenities, making it a perfect place for families and retirees. The area features a mix of scenic parks and educational facilities, appealing to those seeking a peaceful lifestyle with a sense of community.
Current Market Conditions in Villa Ridge, IL
As of now, the real estate market in Villa Ridge is experiencing a steady increase in demand, driven by its attractive suburban lifestyle and affordability compared to neighboring regions. Home prices have been steadily rising, reflecting the village's appealing environment and increasing interest from buyers looking for peaceful and family-friendly locations.
Inventory levels have been relatively low, making it a competitive market for homebuyers. Properties that are well-maintained and reasonably priced are selling quickly, which may encourage potential sellers to consider entering the market as prices continue to climb.
Home Value Estimator For Villa Ridge, IL
There are currently 98 real estate properties
in Villa Ridge, IL,
with a median automated valuation model (AVM) price
of $83,989.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Villa Ridge, 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 Villa Ridge, IL,
is $99,111.00, with the most expensive house
in Villa Ridge, IL, topping out
at $255,268.00 and the cheapest home
in Villa Ridge, IL,
clocking in at $30,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Villa Ridge, IL!
Rent Prices
In Villa Ridge, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Villa Ridge, IL, is on
a rollercoaster ride. The
average rent price in Villa Ridge, IL,
is $951.00. Indeed, when looking to rent in
Villa Ridge, IL, you can expect to pay as little
as $830.00 or as much
as $1,280.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Villa Ridge, 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
