Foreclosures in Bradley, IL

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Home Value Estimator For Bradley, IL

There are currently 3,636 real estate properties in Bradley, IL, with a median automated valuation model (AVM) price of $162,083.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bradley, 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 Bradley, IL, is $166,265.00, with the most expensive house in Bradley, IL, topping out at $4,061,000.00 and the cheapest home in Bradley, IL, clocking in at $13,781.00. In other words, there’s something for every potential homebuyer or savvy investor in Bradley, IL!

Rent Prices In Bradley, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bradley, IL, is on a rollercoaster ride. The average rent price in Bradley, IL, is $1,166.00. Indeed, when looking to rent in Bradley, IL, you can expect to pay as little as $500.00 or as much as $2,760.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Bradley, 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 Bradley, IL In 2024

Bradley is located in Kankakee, Illinois, with an estimated municipal population of 15,314 residents. All of the best foreclosed homes for sale in Bradley are located in the following zip code areas on 60915 60914. The estimated population per square kilometer (.62 miles) in Bradley is 853.

Cost Of Living In Bradley, IL

So, about how much do homes cost in Bradley? The most recent median value of resident-owned homes in Bradley is 135,338. An estimated 66 percent of households in Bradley own their homes, with an average family size of 3.34. The median household income in Bradley is 60,012, with22.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bradley, the median commute time of resident workers (in minutes) is 23.4. And last, but certainly not least, are you looking for homes to rent in Bradley? If so, the average rent price paid by renters in Bradley is 1,043, according to recent statistics.

Diversity And Demographics In Bradley, 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 Bradley, 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 Bradley is 35.3, split between 47.3 percent male versus 52.7 female. The percentage of residents who report being married in Bradley is 47.3, with an average family size of 3.34.

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

White 88.8%
Black / African American 6.5%
Asian 0.6%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.7%
Other 3.3%

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

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

Under 10 13.6%
Aged 10-19 13.9%
20s 13.7%
30s 13%
40s 14%
50s 11.5%
60s 10.1%
70s 5.8%
80+ 4.4%

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

Pros And Cons Of Living In Bradley, Illinois

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

  • 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 Bradley.

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

Bradley, IL Foreclosures


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