Foreclosure Homes in Wood River, IL 62095

Current Market Conditions in Wood River, IL

The real estate market in Wood River has shown steady growth over the past several years, with a notable demand for single-family homes. This trend is driven by families seeking affordable housing options within a commutable distance from larger urban centers like St. Louis.

The average home prices have been rising modestly, reflecting the preference for suburban living. There are opportunities for first-time homebuyers due to a selection of affordable homes available alongside more upscale properties.

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.