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Foreclosure Homes in Virginia, IL 62691

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Virginia, IL Foreclosures

How much do homes sell for in Virginia, IL?
The average home price is currently $123,880.
In Virginia, IL, how many homes are available?
There are currently 3 active home listings available in Virginia.
What’s the average rental cost in Virginia, IL?
The average rental price in Virginia is $1,004.
What is the most expensive home in Virginia?
The most expensive home sold in Virginia had a price of $955,900.
What is currently the cheapest priced home in Virginia, IL?
The cheapest home for sale in Virginia is priced at $42,000.

Living in Virginia, IL

Virginia, IL is a quaint and attractive small town that embodies the spirit of rural living with a strong sense of community. It is surrounded by natural beauty, ideal for outdoor enthusiasts, and fosters a safe environment for families. Virginia offers a close-knit atmosphere, abundant amenities, and a range of community events, making it a great place to call home.

Current Market Conditions in Virginia, IL

The real estate market in Virginia has shown stable growth over the past few years. The demand for single-family homes remains steady as potential buyers are attracted to the town's affordability and peaceful environment. Home values have seen a modest increase, reflecting the desirability of living in this quiet Illinois town, particularly among families and retirees.

Given its small market size, the number of available listings fluctuates, but properties generally do not remain on the market for long, indicating a healthy turnover in the market. First-time homebuyers looking for affordable options can find opportunities in Virginia.

Home Value Estimator For Virginia, IL

There are currently 882 real estate properties in Virginia, IL, with a median automated valuation model (AVM) price of $103,307.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Virginia, 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 Virginia, IL, is $123,880.00, with the most expensive house in Virginia, IL, topping out at $955,900.00 and the cheapest home in Virginia, IL, clocking in at $42,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Virginia, IL!

Rent Prices In Virginia, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Virginia, IL, is on a rollercoaster ride. The average rent price in Virginia, IL, is $1,004.00. Indeed, when looking to rent in Virginia, IL, you can expect to pay as little as $620.00 or as much as $1,940.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Virginia, 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.

Virginia, IL 62691 Foreclosures


Market Trend for Virginia, IL

Total Listings Available: 3

Market Values:

Home Prices from $42,000 to $955,900

Average Sales Price: $123,880

Rental Values:

Rental from $620 to $1,940

Average Rent Value: $1,004 / month

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