Westervelt, IL Foreclosures
How much do homes sell for in Westervelt, IL?
The average home price is currently $87,485.
What’s the average rental cost in Westervelt, IL?
The average rental price in Westervelt is $998.
What is the most expensive home in Westervelt?
The most expensive home sold in Westervelt had a price of $176,482.
What is currently the cheapest priced home in Westervelt, IL?
The cheapest home for sale in Westervelt is priced at $49,616.
Living in Westervelt, IL
Westervelt, IL, is a charming rural community that offers a serene living environment with close-knit relationships among its residents. The area is known for its beautiful landscapes, friendly locals, and access to outdoor recreational activities. Westervelt provides a perfect blend of peaceful living and convenience, with nearby amenities to meet daily needs.
Current Market Conditions in Westervelt, IL
The real estate market in Westervelt remains steady, with a growing interest from homebuyers looking for affordable housing options in rural settings. While the market is not as fast-paced as urban areas, properties here sell at competitive prices, drawing individuals looking for tranquility away from city life.
Current trends indicate an increase in rural living preferences, especially due to the ongoing work-from-home culture. This trend is reflected in the gradual rise of home values, showing promise for investment opportunities in the area.
Home Value Estimator For Westervelt, IL
There are currently 44 real estate properties
in Westervelt, IL,
with a median automated valuation model (AVM) price
of $81,699.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Westervelt, 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 Westervelt, IL,
is $87,485.00, with the most expensive house
in Westervelt, IL, topping out
at $176,482.00 and the cheapest home
in Westervelt, IL,
clocking in at $49,616.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Westervelt, IL!
Rent Prices
In Westervelt, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Westervelt, IL, is on
a rollercoaster ride. The
average rent price in Westervelt, IL,
is $998.00. Indeed, when looking to rent in
Westervelt, IL, you can expect to pay as little
as $930.00 or as much
as $1,030.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Westervelt, 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.
Learn more on Foreclosure homes
