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Foreclosure Homes in Yates City, IL 61572

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Yates City, IL Foreclosures

How much do homes sell for in Yates City, IL?
The average home price is currently $175,981.
In Yates City, IL, how many homes are available?
There are currently 16 active home listings available in Yates City.
What’s the average rental cost in Yates City, IL?
The average rental price in Yates City is $982.
What is the most expensive home in Yates City?
The most expensive home sold in Yates City had a price of $1,507,065.
What is currently the cheapest priced home in Yates City, IL?
The cheapest home for sale in Yates City is priced at $10,395.

Living in Yates City, IL

Yates City, Illinois, is a tranquil and close-knit community that provides an escape from the hustle and bustle of urban living. This small town offers a serene environment with various local amenities, parks, and recreational opportunities, making it appealing to those seeking a peaceful lifestyle.

Current Market Conditions in Yates City, IL

The real estate market in Yates City is currently experiencing a stable phase, with modest price increases over the last year. Homes in the area are sought after for their affordability and community-focused living. The demand is gradually rising, appealing to first-time homebuyers and retirees alike.

Home Value Estimator For Yates City, IL

There are currently 564 real estate properties in Yates City, IL, with a median automated valuation model (AVM) price of $125,742.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Yates City, 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 Yates City, IL, is $175,981.00, with the most expensive house in Yates City, IL, topping out at $1,507,065.00 and the cheapest home in Yates City, IL, clocking in at $10,395.00. In other words, there’s something for every potential homebuyer or savvy investor in Yates City, IL!

Rent Prices In Yates City, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Yates City, IL, is on a rollercoaster ride. The average rent price in Yates City, IL, is $982.00. Indeed, when looking to rent in Yates City, IL, you can expect to pay as little as $500.00 or as much as $1,410.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Yates City, 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.

Yates City, IL 61572 Foreclosures

Market Trend for Yates City, IL

Total Listings Available: 16

Market Values:

Home Prices from $10,395 to $1,507,065

Average Sales Price: $175,981

Rental Values:

Rental from $500 to $1,410

Average Rent Value: $982 / month

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