Short Sale Listings in Alexis, IL

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Home Value Estimator For Alexis, IL

There are currently 465 real estate properties in Alexis, IL, with a median automated valuation model (AVM) price of $115,868.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alexis, 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 Alexis, IL, is $127,490.00, with the most expensive house in Alexis, IL, topping out at $834,600.00 and the cheapest home in Alexis, IL, clocking in at $11,372.00. In other words, there’s something for every potential homebuyer or savvy investor in Alexis, IL!

Rent Prices In Alexis, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alexis, IL, is on a rollercoaster ride. The average rent price in Alexis, IL, is $1,085.00. Indeed, when looking to rent in Alexis, IL, you can expect to pay as little as $680.00 or as much as $2,220.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Alexis, 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 Alexis, IL In 2024

Alexis is located in Warren, Illinois, with an estimated municipal population of 777 residents. All of the best foreclosed homes for sale in Alexis are located in the following zip code areas on 61412. The estimated population per square kilometer (.62 miles) in Alexis is 631.

Cost Of Living In Alexis, IL

So, about how much do homes cost in Alexis? The most recent median value of resident-owned homes in Alexis is 71,315. An estimated 87.9 percent of households in Alexis own their homes, with an average family size of 2.89. The median household income in Alexis is 58,021, with20.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Alexis, the median commute time of resident workers (in minutes) is 26.7. And last, but certainly not least, are you looking for homes to rent in Alexis? If so, the average rent price paid by renters in Alexis is 665, according to recent statistics.

Diversity And Demographics In Alexis, 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 Alexis, 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 Alexis is 38, split between 51.9 percent male versus 48.1 female. The percentage of residents who report being married in Alexis is 52.3, with an average family size of 2.89.

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

White 95.7%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.3%
Other 0%

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

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

Under 10 12.8%
Aged 10-19 14.8%
20s 11.5%
30s 13.4%
40s 11.3%
50s 14.9%
60s 9.8%
70s 6%
80+ 5.5%

Best Schools In Alexis, 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 Alexis with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Alexis.

Pros And Cons Of Living In Alexis, Illinois

How do you know that living in -- or moving to -- Alexis is right where you need to be? Perhaps you grew up in Alexis or already live nearby; therefore, the decision to buy a home in Alexis is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Alexis 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 Alexis:

  • 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 Alexis.

Reasons To Move To Alexis, 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 Alexis can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Alexis, meanwhile, can field multiple offers from more qualified buyers.

Alexis, IL Short Sale Listings


Listing types in Alexis, IL

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