Westmont, IL Foreclosures
How much do homes sell for in Westmont, IL?
The average home price is currently $560,206.
In Westmont, IL, how many homes are available?
There are currently 100 active home listings available in Westmont.
What’s the average rental cost in Westmont, IL?
The average rental price in Westmont is $1,891.
What is the most expensive home in Westmont?
The most expensive home sold in Westmont had a price of $110,195,648.
What is currently the cheapest priced home in Westmont, IL?
The cheapest home for sale in Westmont is priced at $18,013.
Living in Westmont, IL
Westmont, Illinois, is a vibrant suburban village located just outside of Chicago. Known for its community spirit, excellent schools, and beautiful recreational areas, it's ideal for families and professionals alike. With easy transportation access and a variety of local amenities, Westmont combines suburban charm with urban convenience.
Current Market Conditions in Westmont, IL
The real estate market in Westmont is currently experiencing steady growth, making it an attractive option for both buyers and investors. Homes in the area have seen an increase in demand due to the village's desirable location and family-friendly atmosphere. Recent trends indicate a moderate increase in home prices, driven by low inventory and high buyer interest.
As of this month, Westmont's housing market remains competitive, with homes often receiving multiple offers. Buyers are encouraged to act quickly, as many properties are selling within a few weeks of listing. The community's amenities, schools, and proximity to Chicago continue to draw home seekers, contributing to a healthy market.
Home Value Estimator For Westmont, IL
There are currently 7,435 real estate properties
in Westmont, IL,
with a median automated valuation model (AVM) price
of $400,039.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Westmont, 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 Westmont, IL,
is $560,206.00, with the most expensive house
in Westmont, IL, topping out
at $110,195,648.00 and the cheapest home
in Westmont, IL,
clocking in at $18,013.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Westmont, IL!
Rent Prices
In Westmont, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Westmont, IL, is on
a rollercoaster ride. The
average rent price in Westmont, IL,
is $1,891.00. Indeed, when looking to rent in
Westmont, IL, you can expect to pay as little
as $620.00 or as much
as $3,840.00,
with the average rent median estimated to
be $1,880.00. The good news is that finding
an affordable and desirable property to rent in Westmont, 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
