Woodlawn, IL Foreclosures
How much do homes sell for in Woodlawn, IL?
The average home price is currently $156,079.
In Woodlawn, IL, how many homes are available?
There are currently 6 active home listings available in Woodlawn.
What’s the average rental cost in Woodlawn, IL?
The average rental price in Woodlawn is $1,103.
What is the most expensive home in Woodlawn?
The most expensive home sold in Woodlawn had a price of $674,514.
What is currently the cheapest priced home in Woodlawn, IL?
The cheapest home for sale in Woodlawn is priced at $17,614.
Living in Woodlawn, IL
Woodlawn is a vibrant neighborhood located on the South Side of Chicago, known for its rich history and community spirit. Surrounded by parks and cultural landmarks, it offers residents a unique blend of urban living and green spaces. The area is characterized by its historic homes and a strong sense of community pride.
Current Market Conditions in Woodlawn, IL
Currently, the real estate market in Woodlawn is experiencing an upward trend, with increasing demand for homes as the area continues its revitalization efforts. Prices have shown a moderate increase compared to last year, making it a promising investment opportunity for potential buyers and investors alike.
The rental market is also robust, with a notable interest for single-family homes and apartments due to the neighborhood's affordability relative to the nearby downtown. This is attracting a mix of long-term residents and newcomers looking for a vibrant community atmosphere.
Home Value Estimator For Woodlawn, IL
There are currently 490 real estate properties
in Woodlawn, IL,
with a median automated valuation model (AVM) price
of $139,729.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Woodlawn, 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 Woodlawn, IL,
is $156,079.00, with the most expensive house
in Woodlawn, IL, topping out
at $674,514.00 and the cheapest home
in Woodlawn, IL,
clocking in at $17,614.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Woodlawn, IL!
Rent Prices
In Woodlawn, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Woodlawn, IL, is on
a rollercoaster ride. The
average rent price in Woodlawn, IL,
is $1,103.00. Indeed, when looking to rent in
Woodlawn, IL, you can expect to pay as little
as $570.00 or as much
as $1,880.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Woodlawn, 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
