Westchester, IL Foreclosures
How much do homes sell for in Westchester, IL?
The average home price is currently $383,177.
In Westchester, IL, how many homes are available?
There are currently 11,355 active home listings available in Westchester.
What’s the average rental cost in Westchester, IL?
The average rental price in Westchester is $1,830.
What is the most expensive home in Westchester?
The most expensive home sold in Westchester had a price of $11,360,502.
What is currently the cheapest priced home in Westchester, IL?
The cheapest home for sale in Westchester is priced at $16,546.
Living in Westchester, IL
Westchester, IL, is a suburban paradise just 15 miles from Chicago, combining peaceful residential living with convenient urban access. Its family-friendly atmosphere, excellent educational institutions, and a variety of recreational activities make it an appealing choice for residents. Enjoy a perfect blend of community and convenience in this thriving village.
Current Market Conditions in Westchester, IL
The current real estate market in Westchester, IL, has shown a strong demand for homes, resulting in rising prices. Buyers are drawn to the area's family-friendly environment, quality schools, and proximity to Chicago. The market is competitive, with homes often receiving multiple offers soon after listing, indicating a healthy demand-supply balance.
Over the past year, Westchester's housing market has experienced a significant uptick in activity and prices. The demand has led to increased competition among buyers, resulting in homes selling faster than in previous years. New developments and renovations have also contributed to the overall growth and appeal of this suburban community.
Home Value Estimator For Westchester, IL
There are currently 7,379 real estate properties
in Westchester, IL,
with a median automated valuation model (AVM) price
of $365,568.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Westchester, 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 Westchester, IL,
is $383,177.00, with the most expensive house
in Westchester, IL, topping out
at $11,360,502.00 and the cheapest home
in Westchester, IL,
clocking in at $16,546.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Westchester, IL!
Rent Prices
In Westchester, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Westchester, IL, is on
a rollercoaster ride. The
average rent price in Westchester, IL,
is $1,830.00. Indeed, when looking to rent in
Westchester, IL, you can expect to pay as little
as $1,180.00 or as much
as $2,620.00,
with the average rent median estimated to
be $1,820.00. The good news is that finding
an affordable and desirable property to rent in Westchester, 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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