There are currently 46 real estate properties in Bishop Hill, IL, with a median automated valuation model (AVM) price of $86,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bishop Hill, 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 Bishop Hill, IL, is $114,346.00, with the most expensive house in Bishop Hill, IL, topping out at $499,000.00 and the cheapest home in Bishop Hill, IL, clocking in at $47,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Bishop Hill, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bishop Hill, IL, is on a rollercoaster ride. The average rent price in Bishop Hill, IL, is $1,059.00. Indeed, when looking to rent in Bishop Hill, IL, you can expect to pay as little as $590.00 or as much as $2,160.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Bishop Hill, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Bishop Hill, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Bishop Hill, IL and much more. Save thousands at closing with home foreclosure listings in Bishop Hill, IL — up to 75% off market value!
Bishop Hill is located in Henry, Illinois, with an estimated municipal population of 122 residents. All of the best foreclosed homes for sale in Bishop Hill are located in the following zip code areas on Foreclosure.com: 61419. The estimated population per square kilometer (.62 miles) in Bishop Hill is 88.
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 Bishop Hill, 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 Bishop Hill is 60.6, split between 41.5 percent male versus 58.5 female. The percentage of residents who report being married in Bishop Hill is 56.9, with an average family size of 2.38.
The percentage of residents who report their race in Bishop Hill is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Bishop Hill? Or maybe you are searching for 55+ active adult communities in and/or near Bishop Hill?
The percentage of residents who report their age in Bishop Hill is as follows:
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 Bishop Hill with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bishop Hill.
How do you know that living in -- or moving to -- Bishop Hill is right where you need to be? Perhaps you grew up in Bishop Hill or already live nearby; therefore, the decision to buy a home in Bishop Hill is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bishop Hill 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 Bishop Hill:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bishop Hill.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bishop Hill can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bishop Hill, meanwhile, can field multiple offers from more qualified buyers.