Washington Park, IL Foreclosures
How much do homes sell for in Washington Park, IL?
The average home price is currently $63,665.
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 $14,298.
Living in Washington Park, IL
Washington Park, Illinois, offers a tranquil lifestyle with the conveniences of urban living nearby. It features beautiful homes, friendly neighbors, and a rich community spirit. Enjoy outdoor activities, close access to schools, and various amenities that make everyday life convenient and pleasant.
Current Market Conditions in Washington Park, IL
The real estate market in Washington Park is currently experiencing steady growth, driven by an increasing interest from buyers looking for affordable housing in a suburban setting. Inventory remains relatively balanced, with both new listings and pending sales occurring regularly, indicating a healthy market environment.
In recent months, the area has seen a slight uptick in home prices, aligning with broader trends across the suburban regions surrounding St. Louis. Buyers appreciate the community's appeal and affordability, contributing to the competitiveness of the market.
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 $54,800.00. 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 $63,665.00, 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 $14,298.00. 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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