Washburn, IL Foreclosures
How much do homes sell for in Washburn, IL?
The average home price is currently $174,352.
In Washburn, IL, how many homes are available?
There are currently 1 active home listings available in Washburn.
What’s the average rental cost in Washburn, IL?
The average rental price in Washburn is $1,138.
What is the most expensive home in Washburn?
The most expensive home sold in Washburn had a price of $741,643.
What is currently the cheapest priced home in Washburn, IL?
The cheapest home for sale in Washburn is priced at $16,211.
Living in Washburn, IL
Washburn, Illinois is a small and charming town that offers a peaceful rural lifestyle. It features a close-knit community with access to local amenities and outdoor activities, making it perfect for families and those seeking tranquility.
Current Market Conditions in Washburn, IL
The real estate market in Washburn has shown steady growth over the past year, particularly due to the increasing demand for affordable housing options in rural areas. As more people look to escape the bustling urban environments, prices have started to rise moderately.
There is a noticeable trend where homes in Washburn are being bought up quickly, reflecting a competitive market. The average home price remains below the state average, attracting first-time buyers and those looking for investment properties.
Home Value Estimator For Washburn, IL
There are currently 734 real estate properties
in Washburn, IL,
with a median automated valuation model (AVM) price
of $143,857.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Washburn, 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 Washburn, IL,
is $174,352.00, with the most expensive house
in Washburn, IL, topping out
at $741,643.00 and the cheapest home
in Washburn, IL,
clocking in at $16,211.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Washburn, IL!
Rent Prices
In Washburn, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Washburn, IL, is on
a rollercoaster ride. The
average rent price in Washburn, IL,
is $1,138.00. Indeed, when looking to rent in
Washburn, IL, you can expect to pay as little
as $470.00 or as much
as $1,920.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Washburn, 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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