Washington Pk, IL Foreclosures
Current Market Conditions in in Washington Pk, IL As of February 2026?
In the last month, Washington Park's real estate market has remained competitive, with an increase in viewings and inquiries on listings. While inventory levels are lower compared to earlier months, this has created a sense of urgency among buyers. Overall, the month-end data indicates stable pricing with a slight upward trend, reflecting a more robust market than witnessed in the previous month.
How much do homes sell for in Washington Pk, IL?
The average home price is currently $65,778.
What’s the average rental cost in Washington Pk, IL?
The average rental price in Washington Pk is $837.
What is the most expensive home in Washington Pk?
The most expensive home sold in Washington Pk had a price of $168,884.
What is currently the cheapest priced home in Washington Pk, IL?
The cheapest home for sale in Washington Pk is priced at $30,000.
Living in Washington Pk, IL
Washington Park is a vibrant community known for its beautiful parks and recreational activities. The area offers a mix of residential homes, local businesses, and easy access to nearby urban amenities. With a strong sense of community, Washington Park is an ideal place for families and individuals looking for a friendly environment.
Buyer vs Seller Market in Washington Pk, IL
The real estate market in Washington Park has shown positive growth recently, attracting attention from buyers looking for affordable housing options close to Chicago. The demand is influenced by the neighborhood's strong community focus and the availability of beautiful green spaces.
Home prices have been steady, with a gradual increase noted over the past months. The market is seeing a mix of buyers, from young professionals to families, contributing to a diverse demographic in the area.
Home Value Estimator For Washington Pk, IL
There are currently 71 real estate properties
in Washington Pk, IL,
with a median automated valuation model (AVM) price
of $60,211.00. 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 Pk, 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 Pk, IL,
is $65,778.00, with the most expensive house
in Washington Pk, IL, topping out
at $168,884.00 and the cheapest home
in Washington Pk, IL,
clocking in at $30,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Washington Pk, IL!
Rent Prices
In Washington Pk, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Washington Pk, IL, is on
a rollercoaster ride. The
average rent price in Washington Pk, IL,
is $837.00. Indeed, when looking to rent in
Washington Pk, IL, you can expect to pay as little
as $670.00 or as much
as $1,250.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Washington Pk, 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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