Bankruptcy Homes in Baileyville, IL

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View this home at N Commercial St Baileyville IL 61007
$79,664 EMV
View this home at N Main St Baileyville IL 61007
$44,649 EMV
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Home Value Estimator For Baileyville, IL

There are currently 65 real estate properties in Baileyville, IL, with a median automated valuation model (AVM) price of $199,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Baileyville, 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 Baileyville, IL, is $219,909.00, with the most expensive house in Baileyville, IL, topping out at $820,900.00 and the cheapest home in Baileyville, IL, clocking in at $67,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Baileyville, IL!

Rent Prices In Baileyville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Baileyville, IL, is on a rollercoaster ride. The average rent price in Baileyville, IL, is $1,373.00. Indeed, when looking to rent in Baileyville, IL, you can expect to pay as little as $770.00 or as much as $2,280.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Baileyville, 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 Baileyville, IL

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

Top Reasons To Live In Baileyville, IL In 2023

All of the best foreclosed homes for sale in Baileyville are located in the following zip code areas on 61007. The estimated population per square kilometer (.62 miles) in Baileyville is 256.

Diversity And Demographics In Baileyville, 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 Baileyville, 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.

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

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

Pros And Cons Of Living In Baileyville, Illinois

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

  • 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 Baileyville.

Reasons To Move To Baileyville, Illinois, In 2023

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

Baileyville, IL Bankruptcy Homes


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