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Preforeclosure Homes in Westfield, IL 62474

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Westfield, IL Foreclosures

How much do homes sell for in Westfield, IL?
The average home price is currently $154,458.
What’s the average rental cost in Westfield, IL?
The average rental price in Westfield is $984.
What is the most expensive home in Westfield?
The most expensive home sold in Westfield had a price of $3,579,808.
What is currently the cheapest priced home in Westfield, IL?
The cheapest home for sale in Westfield is priced at $4,984.

Living in Westfield, IL

Westfield, Illinois is a quaint and charming village known for its friendly atmosphere and strong sense of community. Residents enjoy access to beautiful parks, excellent schools, and a variety of local shops and restaurants. The area offers a peaceful suburban lifestyle while being conveniently located near major highways for easy access to larger cities.

Current Market Conditions in Westfield, IL

The real estate market in Westfield has remained stable over the past few months, with a slight increase in home values driven by demand from families seeking a community-oriented environment. Inventory levels are somewhat low, which is typical for suburban areas that attract young families.

As more people prioritize suburban living in the post-pandemic era, Westfield has seen a rise in interest from homebuyers who appreciate the village's amenities and school quality. This trend has led to more competitive listings and quicker sales, making it a favorable time for sellers.

Home Value Estimator For Westfield, IL

There are currently 295 real estate properties in Westfield, IL, with a median automated valuation model (AVM) price of $85,430.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Westfield, 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 Westfield, IL, is $154,458.00, with the most expensive house in Westfield, IL, topping out at $3,579,808.00 and the cheapest home in Westfield, IL, clocking in at $4,984.00. In other words, there’s something for every potential homebuyer or savvy investor in Westfield, IL!

Rent Prices In Westfield, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Westfield, IL, is on a rollercoaster ride. The average rent price in Westfield, IL, is $984.00. Indeed, when looking to rent in Westfield, IL, you can expect to pay as little as $440.00 or as much as $2,000.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Westfield, 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.

Westfield, IL 62474 Preforeclosure Homes


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