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Foreclosures in Waterloo, IL 62298

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Waterloo, IL Foreclosures

How much do homes sell for in Waterloo, IL?
The average home price is currently $341,275.
In Waterloo, IL, how many homes are available?
There are currently 3 active home listings available in Waterloo.
What’s the average rental cost in Waterloo, IL?
The average rental price in Waterloo is $1,331.
What is the most expensive home in Waterloo?
The most expensive home sold in Waterloo had a price of $14,733,098.
What is currently the cheapest priced home in Waterloo, IL?
The cheapest home for sale in Waterloo is priced at $12,606.

Living in Waterloo, IL

Waterloo, Illinois, is a picturesque city located in Monroe County, known for its small-town charm and welcoming community. The area offers a blend of historic architecture and modern amenities, making it an ideal place for families and individuals alike. With parks, schools, and local businesses, Waterloo provides a comfortable lifestyle just a short drive from St. Louis, Missouri.

Current Market Conditions in Waterloo, IL

Waterloo's real estate market is currently experiencing steady growth, with a slight increase in home prices over the last year. The demand for single-family homes remains strong, particularly among young families moving to the area for its schools and community feel.

Investors are finding opportunities in both new developments and older homes that can be renovated for resale, reflecting a trend towards improving the existing housing stock.

Home Value Estimator For Waterloo, IL

There are currently 6,979 real estate properties in Waterloo, IL, with a median automated valuation model (AVM) price of $318,868.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Waterloo, 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 Waterloo, IL, is $341,275.00, with the most expensive house in Waterloo, IL, topping out at $14,733,098.00 and the cheapest home in Waterloo, IL, clocking in at $12,606.00. In other words, there’s something for every potential homebuyer or savvy investor in Waterloo, IL!

Rent Prices In Waterloo, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waterloo, IL, is on a rollercoaster ride. The average rent price in Waterloo, IL, is $1,331.00. Indeed, when looking to rent in Waterloo, IL, you can expect to pay as little as $580.00 or as much as $2,560.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Waterloo, 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.

Waterloo, IL 62298 Foreclosures

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