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Foreclosure Homes in Winnetka, IL

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Winnetka, IL Foreclosures

How much do homes sell for in Winnetka, IL?
The average home price is currently $2,032,850.
In Winnetka, IL, how many homes are available?
There are currently 26 active home listings available in Winnetka.
What’s the average rental cost in Winnetka, IL?
The average rental price in Winnetka is $4,159.
What is the most expensive home in Winnetka?
The most expensive home sold in Winnetka had a price of $25,371,689.
What is currently the cheapest priced home in Winnetka, IL?
The cheapest home for sale in Winnetka is priced at $15,224.

Living in Winnetka, IL

Winnetka, IL is a picturesque suburb on Lake Michigan known for its charming residential neighborhoods and top-rated schools. The community offers a variety of outdoor activities, with beautiful beaches and parks. Its vibrant downtown boasts shops and restaurants, making it an ideal location for families and retirees alike.

Current Market Conditions in Winnetka, IL

The real estate market in Winnetka is currently experiencing steady demand, driven by the community's excellent school system and desirable location near Lake Michigan. Homes in this affluent area are often sought after, resulting in competitive pricing.

With an increasing number of families moving into Winnetka, the market shows signs of appreciation, making it a solid investment for real estate buyers. Home values are expected to rise as the village continues to attract new residents.

Home Value Estimator For Winnetka, IL

There are currently 4,950 real estate properties in Winnetka, IL, with a median automated valuation model (AVM) price of $1,736,388.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Winnetka, 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 Winnetka, IL, is $2,032,850.00, with the most expensive house in Winnetka, IL, topping out at $25,371,689.00 and the cheapest home in Winnetka, IL, clocking in at $15,224.00. In other words, there’s something for every potential homebuyer or savvy investor in Winnetka, IL!

Rent Prices In Winnetka, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Winnetka, IL, is on a rollercoaster ride. The average rent price in Winnetka, IL, is $4,159.00. Indeed, when looking to rent in Winnetka, IL, you can expect to pay as little as $1,140.00 or as much as $5,500.00, with the average rent median estimated to be $4,220.00. The good news is that finding an affordable and desirable property to rent in Winnetka, 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.

Winnetka, IL Foreclosures


Market Trend for Winnetka, IL

Total Listings Available: 26

Market Values:

Home Prices from $15,224 to $25,371,689

Average Sales Price: $2,032,850

Rental Values:

Rental from $1,140 to $5,500

Average Rent Value: $4,159 / month

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