Weldon, IL Foreclosures
How much do homes sell for in Weldon, IL?
The average home price is currently $180,452.
In Weldon, IL, how many homes are available?
There are currently 2 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 $2,350,611.
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 serene and welcoming small town, perfect for families and individuals seeking a quiet, rural lifestyle. With an abundance of outdoor activities, well-rated schools, and a close-knit community, it offers a balance of tranquility and convenience. Enjoy the charm of small-town living while being near larger urban amenities in nearby cities.
Current Market Conditions in Weldon, IL
The real estate market in Weldon, IL is currently experiencing steady growth, with a noticeable demand for housing as families and individuals seek more spacious living options. The prices in the area remain relatively affordable compared to larger urban centers, making it an attractive option for first-time homebuyers and those looking to relocate to a quieter setting. There are signs of increasing interest in property investment, particularly in single-family homes, which is encouraging to potential sellers.
Over the last few months, property values have shown gradual appreciation, attributed to the town’s unique appeal and the limited availability of homes. The competition among buyers has led to quicker sales, indicating a shift towards a seller's market,
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 $115,102.00. 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 $180,452.00, with the most expensive house
in Weldon, IL, topping out
at $2,350,611.00 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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