Washington Park, IL Foreclosures
Current Market Conditions in in Washington Park, IL As of March 2026?
In the past month, Washington Park's real estate market has seen an uptick in new listings, indicating a revitalization in buyer interest as the local economy shows signs of growth. Homes are spending slightly less time on the market as buyers seek to capitalize on the area's affordability before prices potentially rise further. The overall demand appears to be increasing, reflecting confidence in the area’s future development prospects.
How much do homes sell for in Washington Park, IL?
The average home price is currently $63,399.
In Washington Park, IL, how many homes are available?
There are currently 1 active home listings available in Washington Park.
What’s the average rental cost in Washington Park, IL?
The average rental price in Washington Park is $887.
What is the most expensive home in Washington Park?
The most expensive home sold in Washington Park had a price of $395,155.
What is currently the cheapest priced home in Washington Park, IL?
The cheapest home for sale in Washington Park is priced at $14,324.
Living in Washington Park, IL
Washington Park, IL is a charming neighborhood known for its community spirit and proximity to St. Louis. It offers a blend of suburban living with essential amenities nearby, great parks for recreation, and lively community events. This serene location is perfect for families and individuals looking for a close-knit environment.
Buyer vs Seller Market in Washington Park, IL
The real estate market in Washington Park has recently shown signs of stability, with steady demand for homes due to the community's appeal and location. The average home prices have risen slightly over the past few months, attracting both first-time buyers and investors. Home listings vary from modest single-family homes to more spacious properties, catering to diverse buyer preferences.
As urban sprawl continues to creep outward, Washington Park remains attractive for its blend of affordability relative to nearby urban areas, providing a viable alternative for those looking to escape the high cost of living in downtown St. Louis.
Home Value Estimator For Washington Park, IL
There are currently 89 real estate properties
in Washington Park, IL,
with a median automated valuation model (AVM) price
of $54,400.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Washington Park, 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 Washington Park, IL,
is $63,399.00, with the most expensive house
in Washington Park, IL, topping out
at $395,155.00 and the cheapest home
in Washington Park, IL,
clocking in at $14,324.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Washington Park, IL!
Rent Prices
In Washington Park, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Washington Park, IL, is on
a rollercoaster ride. The
average rent price in Washington Park, IL,
is $887.00. Indeed, when looking to rent in
Washington Park, IL, you can expect to pay as little
as $690.00 or as much
as $1,390.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Washington Park, 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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