Waterman, IL Foreclosures
How much do homes sell for in Waterman, IL?
The average home price is currently $326,611.
In Waterman, IL, how many homes are available?
There are currently 1 active home listings available in Waterman.
What’s the average rental cost in Waterman, IL?
The average rental price in Waterman is $1,348.
What is the most expensive home in Waterman?
The most expensive home sold in Waterman had a price of $2,386,243.
What is currently the cheapest priced home in Waterman, IL?
The cheapest home for sale in Waterman is priced at $21,503.
Living in Waterman, IL
Waterman, IL is a charming small town in DeKalb County known for its friendly community and agricultural roots. Surrounded by beautiful landscapes, it offers a relaxed lifestyle with access to local shops, parks, and good schools. Perfect for families looking for a quiet environment, Waterman provides a great balance between rural charm and convenient amenities.
Current Market Conditions in Waterman, IL
The real estate market in Waterman, IL is currently experiencing a steady increase in home values, driven by the appealing rural lifestyle and increasing demand for suburban living. Inventory levels have varied, but interest remains high, leading to quick sales and competitive offers from buyers. The community's appeal, along with its proximity to larger cities, makes it an attractive option for homebuyers.
Over the past few months, home prices have shown resilience against larger market trends, with a noticeable uptick in buyer activity. Moreover, many buyers are drawn to the area for its affordability compared to neighboring towns, which has contributed to its strong market performance.
Home Value Estimator For Waterman, IL
There are currently 826 real estate properties
in Waterman, IL,
with a median automated valuation model (AVM) price
of $280,141.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Waterman, 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 Waterman, IL,
is $326,611.00, with the most expensive house
in Waterman, IL, topping out
at $2,386,243.00 and the cheapest home
in Waterman, IL,
clocking in at $21,503.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Waterman, IL!
Rent Prices
In Waterman, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Waterman, IL, is on
a rollercoaster ride. The
average rent price in Waterman, IL,
is $1,348.00. Indeed, when looking to rent in
Waterman, IL, you can expect to pay as little
as $840.00 or as much
as $2,200.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Waterman, 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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