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Cheap Homes in Winchester, IL

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Winchester, IL Foreclosures

Current Market Conditions in in Winchester, IL As of January 2026?
Over the past month, Winchester's real estate market has stabilized, with a modest increase in home sales. The average days on the market have slightly decreased, indicating a rise in buyer interest. However, inventory remains low, which may lead to increased competition for available homes.
How much do homes sell for in Winchester, IL?
The average home price is currently $123,390.
What’s the average rental cost in Winchester, IL?
The average rental price in Winchester is $1,009.
What is the most expensive home in Winchester?
The most expensive home sold in Winchester had a price of $1,963,727.
What is currently the cheapest priced home in Winchester, IL?
The cheapest home for sale in Winchester is priced at $26,263.

Living in Winchester, IL

Winchester, IL, is a quaint small town that offers a cozy community environment with a variety of local amenities. Its picturesque landscapes and friendly atmosphere make it a great place for families and individuals seeking peace. The town provides essential services and access to recreational activities.

Buyer vs Seller Market in Winchester, IL

The real estate market in Winchester has seen a slight increase in activity, with a growing interest in residential properties. Buyers are attracted by the affordable prices compared to larger urban areas, creating a competitive market for homes.

The demand for single-family homes has remained steady, especially among those looking for starter homes or retirement options. This has contributed to a balanced market with favorable conditions for both buyers and sellers.

Home Value Estimator For Winchester, IL

There are currently 905 real estate properties in Winchester, IL, with a median automated valuation model (AVM) price of $101,850.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Winchester, 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 Winchester, IL, is $123,390.00, with the most expensive house in Winchester, IL, topping out at $1,963,727.00 and the cheapest home in Winchester, IL, clocking in at $26,263.00. In other words, there’s something for every potential homebuyer or savvy investor in Winchester, IL!

Rent Prices In Winchester, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Winchester, IL, is on a rollercoaster ride. The average rent price in Winchester, IL, is $1,009.00. Indeed, when looking to rent in Winchester, IL, you can expect to pay as little as $580.00 or as much as $1,650.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Winchester, 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.

Cheap Homes in Winchester, IL


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