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Foreclosure Homes in West Peoria, IL

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West Peoria, IL Foreclosures

How much do homes sell for in West Peoria, IL?
The average home price is currently $110,736.
In West Peoria, IL, how many homes are available?
There are currently 85 active home listings available in West Peoria.
What’s the average rental cost in West Peoria, IL?
The average rental price in West Peoria is $968.
What is the most expensive home in West Peoria?
The most expensive home sold in West Peoria had a price of $1,151,306.
What is currently the cheapest priced home in West Peoria, IL?
The cheapest home for sale in West Peoria is priced at $10,973.

Living in West Peoria, IL

West Peoria, IL is a quaint suburban community that balances a friendly atmosphere with access to urban amenities. The area is ideal for families and professionals alike, offering good schools, local parks, and an array of shopping and dining options. Its proximity to Peoria makes it a desirable location for those seeking a mix of tranquility and city life.

Current Market Conditions in West Peoria, IL

The real estate market in West Peoria is currently experiencing growth, with home prices showing an upward trend over the past year. This increase can be attributed to the area's appeal among families and professionals, combined with the convenience of nearby employment opportunities in Peoria.

Investors can find a variety of properties that cater to different budgets, from affordable starter homes to larger family residences. With the current demand for housing, West Peoria presents a favorable environment for real estate investments, and the potential for appreciation in property values is strong.

Home Value Estimator For West Peoria, IL

There are currently 1,916 real estate properties in West Peoria, IL, with a median automated valuation model (AVM) price of $103,420.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in West Peoria, 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 West Peoria, IL, is $110,736.00, with the most expensive house in West Peoria, IL, topping out at $1,151,306.00 and the cheapest home in West Peoria, IL, clocking in at $10,973.00. In other words, there’s something for every potential homebuyer or savvy investor in West Peoria, IL!

Rent Prices In West Peoria, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in West Peoria, IL, is on a rollercoaster ride. The average rent price in West Peoria, IL, is $968.00. Indeed, when looking to rent in West Peoria, IL, you can expect to pay as little as $500.00 or as much as $1,630.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in West Peoria, 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.

West Peoria, IL Foreclosures

Market Trend for West Peoria, IL

Total Listings Available: 85

Market Values:

Home Prices from $10,973 to $1,151,306

Average Sales Price: $110,736

Rental Values:

Rental from $500 to $1,630

Average Rent Value: $968 / month

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