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Foreclosure Homes in Wood River, IL

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Wood River, IL Foreclosures

How much do homes sell for in Wood River, IL?
The average home price is currently $154,692.
In Wood River, IL, how many homes are available?
There are currently 42 active home listings available in Wood River.
What’s the average rental cost in Wood River, IL?
The average rental price in Wood River is $1,090.
What is the most expensive home in Wood River?
The most expensive home sold in Wood River had a price of $9,076,750.
What is currently the cheapest priced home in Wood River, IL?
The cheapest home for sale in Wood River is priced at $13,100.

Living in Wood River, IL

Wood River, Illinois, is a charming city offering a perfect blend of small-town living and proximity to urban conveniences. With a strong sense of community and ample recreational opportunities, it is an ideal location for families and individuals alike. The city features excellent schools, numerous parks, and diverse amenities that enhance the overall quality of life.

Current Market Conditions in Wood River, IL

The real estate market in Wood River remains stable, with a moderate level of activity in both home purchases and rentals. As of 2023, buyers can find a variety of housing options, from affordable starter homes to larger family residences.

The demand for properties has been steady, driven by the area's attractive living conditions and its proximity to larger cities. This stability in the market positions Wood River as an appealing choice for both first-time homebuyers and investors.

Home Value Estimator For Wood River, IL

There are currently 4,327 real estate properties in Wood River, IL, with a median automated valuation model (AVM) price of $124,238.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wood River, 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 Wood River, IL, is $154,692.00, with the most expensive house in Wood River, IL, topping out at $9,076,750.00 and the cheapest home in Wood River, IL, clocking in at $13,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Wood River, IL!

Rent Prices In Wood River, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wood River, IL, is on a rollercoaster ride. The average rent price in Wood River, IL, is $1,090.00. Indeed, when looking to rent in Wood River, IL, you can expect to pay as little as $570.00 or as much as $2,300.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Wood River, 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.

Wood River, IL Foreclosures


Market Trend for Wood River, IL

Total Listings Available: 42

Market Values:

Home Prices from $13,100 to $9,076,750

Average Sales Price: $154,692

Rental Values:

Rental from $570 to $2,300

Average Rent Value: $1,090 / month

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