Foreclosures in Walnut, IL

Current Market Conditions in Walnut, IL

The real estate market in Walnut is characterized by a mix of traditional family homes and newer constructions, with prices generally remaining stable. The demand for homes has seen a steady increase as more people are looking for affordable living with a tight-knit community feel.

As of late 2023, the market has shown signs of growth, with a noticeable increase in the number of homes sold compared to previous years. Buyers are attracted to the affordability of housing in Walnut, with many seeking a balance between rural living and proximity to bigger cities.

Rent Prices In Walnut, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Walnut, IL, is on a rollercoaster ride. The average rent price in Walnut, IL, is $923.00. Indeed, when looking to rent in Walnut, IL, you can expect to pay as little as $620.00 or as much as $1,530.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Walnut, 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.