Virgil, IL Foreclosures
How much do homes sell for in Virgil, IL?
The average home price is currently $300,319.
What’s the average rental cost in Virgil, IL?
The average rental price in Virgil is $1,610.
What is the most expensive home in Virgil?
The most expensive home sold in Virgil had a price of $578,122.
What is currently the cheapest priced home in Virgil, IL?
The cheapest home for sale in Virgil is priced at $133,010.
Living in Virgil, IL
Virgil is a small, quiet village located in Kane County, Illinois. With its rural charm and friendly atmosphere, it offers residents a peaceful lifestyle with easy access to urban amenities. The community is known for its family-friendly neighborhoods and educational opportunities, making it ideal for young families and retirees.
Current Market Conditions in Virgil, IL
The real estate market in Virgil, IL, has shown a steady upward trend over the past year, with an increase in home values driven by demand from families and young professionals looking for affordable housing options in a serene environment. The median home price in Virgil is competitive compared to neighboring areas, highlighting the attractiveness of this village for prospective buyers.
There is a noticeable shift towards homeownership in Virgil, which is evident in the increase of homes being sold above asking price. With limited inventory and strong buyer interest, properties tend to sell quickly, highlighting a seller's market. This trend is likely to continue as the village's direct accessibility to the metropolitan areas makes it a desirable option.
Home Value Estimator For Virgil, IL
There are currently 54 real estate properties
in Virgil, IL,
with a median automated valuation model (AVM) price
of $283,126.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Virgil, 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 Virgil, IL,
is $300,319.00, with the most expensive house
in Virgil, IL, topping out
at $578,122.00 and the cheapest home
in Virgil, IL,
clocking in at $133,010.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Virgil, IL!
Rent Prices
In Virgil, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Virgil, IL, is on
a rollercoaster ride. The
average rent price in Virgil, IL,
is $1,610.00. Indeed, when looking to rent in
Virgil, IL, you can expect to pay as little
as $1,250.00 or as much
as $2,250.00,
with the average rent median estimated to
be $1,580.00. The good news is that finding
an affordable and desirable property to rent in Virgil, 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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