Weldon, IL Foreclosures
How much do homes sell for in Weldon, IL?
The average home price is currently $248,036.
In Weldon, IL, how many homes are available?
There are currently 1 active home listings available in Weldon.
What’s the average rental cost in Weldon, IL?
The average rental price in Weldon is $1,086.
What is the most expensive home in Weldon?
The most expensive home sold in Weldon had a price of $6,426,748.
What is currently the cheapest priced home in Weldon, IL?
The cheapest home for sale in Weldon is priced at $18,007.
Living in Weldon, IL
Weldon, IL, is a charming small town that offers a tranquil lifestyle surrounded by picturesque farmland. The community is known for its friendly atmosphere, local amenities, and access to outdoor activities. Its proximity to larger cities provides the perfect balance of rural living with modern conveniences.
Current Market Conditions in Weldon, IL
The current real estate market in Weldon is stable, with a gradual increase in home prices over the past few months. The demand for homes, particularly among first-time buyers and families looking for quieter neighborhoods, has contributed to this steady growth. Given its affordability compared to nearby towns, Weldon remains an attractive choice for many buyers.
As of late 2023, Weldon has seen a modest uptick in home sales, driven by those seeking more space and a better quality of life. The local market is competitive, but still offers opportunities for buyers looking at various price ranges, reflecting an encouraging trend for potential investors.
Home Value Estimator For Weldon, IL
There are currently 301 real estate properties
in Weldon, IL,
with a median automated valuation model (AVM) price
of $113,651.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Weldon, 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 Weldon, IL,
is $248,036.00, with the most expensive house
in Weldon, IL, topping out
at $6,426,748.00 and the cheapest home
in Weldon, IL,
clocking in at $18,007.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Weldon, IL!
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.
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