There are currently 65 real estate properties in Carbon Hill, IL, with a median automated valuation model (AVM) price of $246,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Carbon 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 Carbon Hill, IL, is $257,089.00, with the most expensive house in Carbon Hill, IL, topping out at $895,000.00 and the cheapest home in Carbon Hill, IL, clocking in at $92,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Carbon Hill, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Carbon Hill, IL, is on a rollercoaster ride. The average rent price in Carbon Hill, IL, is $1,272.00. Indeed, when looking to rent in Carbon Hill, IL, you can expect to pay as little as $860.00 or as much as $1,670.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Carbon 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 Carbon Hill, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Carbon Hill, IL and much more. Save thousands at closing with home foreclosure listings in Carbon Hill, IL — up to 75% off market value!
Carbon Hill is located in Grundy, Illinois, with an estimated municipal population of 335 residents. All of the best foreclosed homes for sale in Carbon Hill are located in the following zip code areas on Foreclosure.com: 60416. The estimated population per square kilometer (.62 miles) in Carbon Hill is 728.
So, about how much do homes cost in Carbon Hill? The most recent median value of resident-owned homes in Carbon Hill is 151,800. An estimated 80.3 percent of households in Carbon Hill own their homes, with an average family size of 3. The median household income in Carbon Hill is 63,750, with27.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Carbon Hill, the median commute time of resident workers (in minutes) is 26.9. And last, but certainly not least, are you looking for homes to rent in Carbon Hill? If so, the average rent price paid by renters in Carbon Hill is 1,188, according to recent statistics.
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 Carbon 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 Carbon Hill is 36.8, split between 41.6 percent male versus 58.4 female. The percentage of residents who report being married in Carbon Hill is 53.6, with an average family size of 3.
The percentage of residents who report their race in Carbon Hill is as follows:
| White | 97.2% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.6% |
| Other | 2.2% |
Looking for family-friendly neighborhoods in and/or near Carbon Hill? Or maybe you are searching for 55+ active adult communities in and/or near Carbon Hill?
The percentage of residents who report their age in Carbon Hill is as follows:
| Under 10 | 11.1% |
| Aged 10-19 | 20.2% |
| 20s | 12.1% |
| 30s | 11.2% |
| 40s | 13.1% |
| 50s | 10.3% |
| 60s | 10.2% |
| 70s | 8.1% |
| 80+ | 3.8% |
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 Carbon Hill with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Carbon Hill.
How do you know that living in -- or moving to -- Carbon Hill is right where you need to be? Perhaps you grew up in Carbon Hill or already live nearby; therefore, the decision to buy a home in Carbon Hill is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Carbon 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 Carbon Hill:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Carbon Hill.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Carbon Hill can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Carbon Hill, meanwhile, can field multiple offers from more qualified buyers.
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