Foreclosure Homes in Arrowsmith, IL

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$49,895 EMV

W Crosson St
Arrowsmith, IL 61722

Tax Lien
$90,695 EMV

S Tipsord St
Arrowsmith, IL 61722

Tax Lien
$86,615 EMV

N Walnut St
Arrowsmith, IL 61722

Tax Lien
$88,315 EMV

W South St
Arrowsmith, IL 61722

Tax Lien
$62,645 EMV

S Oak St
Arrowsmith, IL 61722

Tax Lien
$83,470 EMV

W Crosson St
Arrowsmith, IL 61722

Tax Lien
$71,995 EMV

N Oak St
Arrowsmith, IL 61722

Tax Lien
$75,990 EMV

N 3300 East Rd
Arrowsmith, IL 61722

| 1 Bath | 1,220 Sq. Ft.

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Home Value Estimator For Arrowsmith, IL

There are currently 176 real estate properties in Arrowsmith, IL, with a median automated valuation model (AVM) price of $108,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Arrowsmith, 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 Arrowsmith, IL, is $155,697.00, with the most expensive house in Arrowsmith, IL, topping out at $1,696,100.00 and the cheapest home in Arrowsmith, IL, clocking in at $44,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Arrowsmith, IL!

Rent Prices In Arrowsmith, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Arrowsmith, IL, is on a rollercoaster ride. The average rent price in Arrowsmith, IL, is $1,383.00. Indeed, when looking to rent in Arrowsmith, IL, you can expect to pay as little as $840.00 or as much as $3,260.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Arrowsmith, 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.

Foreclosure Homes in Arrowsmith, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Arrowsmith, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Arrowsmith, IL and much more. Save thousands at closing with home foreclosure listings in Arrowsmith, IL — up to 75% off market value!

Top Reasons To Live In Arrowsmith, IL In 2021

Arrowsmith is located in McLean, Illinois, with an estimated municipal population of 276 residents. All of the best foreclosed homes for sale in Arrowsmith are located in the following zip code areas on 61722. The estimated population per square kilometer (.62 miles) in Arrowsmith is 539.

Cost Of Living In Arrowsmith, IL

So, about how much do homes cost in Arrowsmith? The most recent median value of resident-owned homes in Arrowsmith is 89,379. An estimated 87.7 percent of households in Arrowsmith own their homes, with an average family size of 3.29. The median household income in Arrowsmith is 55,625, with16.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Arrowsmith, the median commute time of resident workers (in minutes) is 31.1. And last, but certainly not least, are you looking for homes to rent in Arrowsmith? If so, the average rent price paid by renters in Arrowsmith is 1,083, according to recent statistics.

Diversity And Demographics In Arrowsmith, 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 Arrowsmith, 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 Arrowsmith is 38, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Arrowsmith is 54.1, with an average family size of 3.29.

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

White 99.4%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.6%
Other 0%

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

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

Under 10 12%
Aged 10-19 19.8%
20s 11.1%
30s 9.6%
40s 12.3%
50s 12%
60s 10.8%
70s 4.5%
80+ 7.5%

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

Pros And Cons Of Living In Arrowsmith, Illinois

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

  • 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 Arrowsmith.

Reasons To Move To Arrowsmith, Illinois, In 2021

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


Listing types in Arrowsmith, IL

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