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Foreclosure Homes in Volo, IL 60073

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Volo, IL Foreclosures

How much do homes sell for in Volo, IL?
The average home price is currently $379,594.
In Volo, IL, how many homes are available?
There are currently 31 active home listings available in Volo.
What’s the average rental cost in Volo, IL?
The average rental price in Volo is $1,764.
What is the most expensive home in Volo?
The most expensive home sold in Volo had a price of $8,022,494.
What is currently the cheapest priced home in Volo, IL?
The cheapest home for sale in Volo is priced at $41,904.

Living in Volo, IL

Volo, IL is a charming village in Lake County that offers a blend of serene natural beauty and modern amenities. Residents enjoy various outdoor activities, quality education, and a close-knit community atmosphere. Its strategic location provides easy access to major highways, ensuring a convenient commute to nearby metropolitan areas.

Current Market Conditions in Volo, IL

The real estate market in Volo has been witnessing steady growth, driven by a strong interest in suburban living. The demand for homes is high, resulting in competitive prices as families seek the natural beauty and tranquility Volo offers. The community is appealing to those looking for affordable housing options in a peaceful environment, boosting the area's attractiveness.

Current trends indicate an increase in new construction as developers respond to the growing population and demand for modern homes. This influx contributes to a vibrant market where buyers can find a mix of new builds and established properties.

Home Value Estimator For Volo, IL

There are currently 2,165 real estate properties in Volo, IL, with a median automated valuation model (AVM) price of $389,716.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Volo, 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 Volo, IL, is $379,594.00, with the most expensive house in Volo, IL, topping out at $8,022,494.00 and the cheapest home in Volo, IL, clocking in at $41,904.00. In other words, there’s something for every potential homebuyer or savvy investor in Volo, IL!

Rent Prices In Volo, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Volo, IL, is on a rollercoaster ride. The average rent price in Volo, IL, is $1,764.00. Indeed, when looking to rent in Volo, IL, you can expect to pay as little as $1,050.00 or as much as $2,890.00, with the average rent median estimated to be $1,740.00. The good news is that finding an affordable and desirable property to rent in Volo, 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.

Volo, IL 60073 Foreclosures


Market Trend for Volo, IL

Total Listings Available: 31

Market Values:

Home Prices from $41,904 to $8,022,494

Average Sales Price: $379,594

Rental Values:

Rental from $1,050 to $2,890

Average Rent Value: $1,764 / month

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