Short Sale Listings in Sparland, IL

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View this home at Illini Dr Hopewell IL 61565
$55,404 EMV
Illini Dr
Hopewell, IL 61565
3 |
EST. RENT: $1,398
AUCTION: 07-18-2024
3 |
Displaying 1 - 4 of 4

Home Value Estimator For Sparland, IL

There are currently 309 real estate properties in Sparland, IL, with a median automated valuation model (AVM) price of $125,227.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sparland, 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 Sparland, IL, is $145,802.00, with the most expensive house in Sparland, IL, topping out at $1,207,500.00 and the cheapest home in Sparland, IL, clocking in at $16,550.00. In other words, there’s something for every potential homebuyer or savvy investor in Sparland, IL!

Rent Prices In Sparland, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sparland, IL, is on a rollercoaster ride. The average rent price in Sparland, IL, is $1,307.00. Indeed, when looking to rent in Sparland, IL, you can expect to pay as little as $750.00 or as much as $3,020.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Sparland, 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.

Top Reasons To Live In Sparland, IL In 2024

Sparland is located in Marshall, Illinois, with an estimated municipal population of 367 residents. All of the best foreclosed homes for sale in Sparland are located in the following zip code areas on 61565. The estimated population per square kilometer (.62 miles) in Sparland is 247.

Cost Of Living In Sparland, IL

So, about how much do homes cost in Sparland? The most recent median value of resident-owned homes in Sparland is 84,121. An estimated 79.2 percent of households in Sparland own their homes, with an average family size of 2.83. The median household income in Sparland is 47,019, with11 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sparland, the median commute time of resident workers (in minutes) is 29.1. And last, but certainly not least, are you looking for homes to rent in Sparland? If so, the average rent price paid by renters in Sparland is 693, according to recent statistics.

Diversity And Demographics In Sparland, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Sparland, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Sparland is 47.3, split between 51.9 percent male versus 48.1 female. The percentage of residents who report being married in Sparland is 45.4, with an average family size of 2.83.

The percentage of residents who report their race in Sparland is as follows:

White 98.7%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 0%

Looking for family-friendly neighborhoods in and/or near Sparland? Or maybe you are searching for 55+ active adult communities in and/or near Sparland?

The percentage of residents who report their age in Sparland is as follows:

Under 10 9.8%
Aged 10-19 14%
20s 11.5%
30s 6.8%
40s 14%
50s 16.8%
60s 15.8%
70s 6.5%
80+ 4.8%

Best Schools In Sparland, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Sparland with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sparland.

Pros And Cons Of Living In Sparland, Illinois

How do you know that living in -- or moving to -- Sparland is right where you need to be? Perhaps you grew up in Sparland or already live nearby; therefore, the decision to buy a home in Sparland is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Sparland for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Sparland:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Sparland.

Reasons To Move To Sparland, Illinois, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Sparland can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sparland, meanwhile, can field multiple offers from more qualified buyers.

Sparland, IL Short Sale Listings


Listing types in Sparland, IL

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