Multi-family Foreclosures in Weldon, IL 61882

Buyer vs Seller Market in Weldon, IL

The real estate market in Weldon, IL has been characterized by stable home prices and a limited inventory of available properties. Buyers looking for affordable housing options have shown an increasing interest in this area, leading to a competitive market despite the small village size.

As remote work becomes more prevalent, Weldon has seen an influx of new residents from larger urban areas, adding to the local economy and increasing demand for housing options, particularly single-family homes.

Rent Prices In Weldon, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Weldon, IL, is on a rollercoaster ride. The average rent price in Weldon, IL, is $1,086.00. Indeed, when looking to rent in Weldon, IL, you can expect to pay as little as $680.00 or as much as $1,940.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Weldon, 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.