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Preforeclosure Homes in Wapella, IL

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Wapella, IL Foreclosures

How much do homes sell for in Wapella, IL?
The average home price is currently $222,799.
In Wapella, IL, how many homes are available?
There are currently 3 active home listings available in Wapella.
What’s the average rental cost in Wapella, IL?
The average rental price in Wapella is $1,223.
What is the most expensive home in Wapella?
The most expensive home sold in Wapella had a price of $1,523,733.
What is currently the cheapest priced home in Wapella, IL?
The cheapest home for sale in Wapella is priced at $12,700.

Living in Wapella, IL

Wapella is a charming village in DeWitt County, Illinois, known for its friendly community and serene rural atmosphere. With a population just over 500, it offers a close-knit environment ideal for families and retirees alike. Residents enjoy local parks and the beauty of nearby agricultural landscapes, making it a peaceful retreat from urban life.

Current Market Conditions in Wapella, IL

The current real estate market in Wapella is stable, with a modest inventory of homes available for sale. Prices have remained consistent, making it an attractive choice for families and individuals seeking affordable housing options. The appeal of small-town living combined with reasonable commutes to nearby cities continues to draw new residents to the area.

Recent market trends indicate a slight increase in home values over the past year, reflecting the ongoing interest in suburban living. The area is witnessing a steady demand from both first-time buyers and retirees, contributing to a healthy market environment.

Home Value Estimator For Wapella, IL

There are currently 422 real estate properties in Wapella, IL, with a median automated valuation model (AVM) price of $159,366.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wapella, 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 Wapella, IL, is $222,799.00, with the most expensive house in Wapella, IL, topping out at $1,523,733.00 and the cheapest home in Wapella, IL, clocking in at $12,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Wapella, IL!

Rent Prices In Wapella, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wapella, IL, is on a rollercoaster ride. The average rent price in Wapella, IL, is $1,223.00. Indeed, when looking to rent in Wapella, IL, you can expect to pay as little as $760.00 or as much as $2,340.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Wapella, 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.

Wapella, IL Preforeclosure Homes


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