Foreclosure Homes in Carol Stream, IL

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View this home at Sandhurst Ln Carol Stream IL 60188
$378,358 EMV
Sandhurst Ln
Carol Stream, IL 60188
3 |
EST. RENT: $2,080
AUCTION: 07-16-2024
3 |
View this home at Oriole Trl Carol Stream IL 60188
$283,491 EMV
Oriole Trl
Carol Stream, IL 60188
EST. RENT: $1,740
AUCTION: 06-11-2024
View this home at Robin Dr Carol Stream IL 60188
$255,949 EMV
Robin Dr
Carol Stream, IL 60188
EST. RENT: $1,610
AUCTION: 08-29-2024
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Carol Stream, IL Foreclosures

How much do homes sell for in Carol Stream, IL?
The average home price is currently $344,010.
In Carol Stream, IL, how many homes are available?
There are currently 11,795 active home listings available in Carol Stream.
What’s the average rental cost in Carol Stream, IL?
The average rental price in Carol Stream is $1,833.
What is the most expensive home in Carol Stream, Illinois?
The most expensive home sold in Carol Stream had a price of $49,094,800.
What is currently the cheapest priced home in Carol Stream, IL?
The cheapest home for sale in Carol Stream is priced at $28,326.

Home Value Estimator For Carol Stream, IL

There are currently 11,795 real estate properties in Carol Stream, IL, with a median automated valuation model (AVM) price of $328,230.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Carol Stream, 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 Carol Stream, IL, is $344,010.00, with the most expensive house in Carol Stream, IL, topping out at $49,094,800.00 and the cheapest home in Carol Stream, IL, clocking in at $28,326.00. In other words, there’s something for every potential homebuyer or savvy investor in Carol Stream, IL!

Rent Prices In Carol Stream, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Carol Stream, IL, is on a rollercoaster ride. The average rent price in Carol Stream, IL, is $1,833.00. Indeed, when looking to rent in Carol Stream, IL, you can expect to pay as little as $760.00 or as much as $3,840.00, with the average rent median estimated to be $1,780.00. The good news is that finding an affordable and desirable property to rent in Carol Stream, 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 Carol Stream, IL In 2024

Carol Stream is located in DuPage, Illinois, with an estimated municipal population of 39,203 residents. All of the best foreclosed homes for sale in Carol Stream are located in the following zip code areas on 60188 60116 60128 60197 60199. The estimated population per square kilometer (.62 miles) in Carol Stream is 1,661.

Cost Of Living In Carol Stream, IL

So, about how much do homes cost in Carol Stream? The most recent median value of resident-owned homes in Carol Stream is 247,742. An estimated 67.6 percent of households in Carol Stream own their homes, with an average family size of 3.34. The median household income in Carol Stream is 82,062, with40.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Carol Stream, the median commute time of resident workers (in minutes) is 29.2. And last, but certainly not least, are you looking for homes to rent in Carol Stream? If so, the average rent price paid by renters in Carol Stream is 1,192, according to recent statistics.

Diversity And Demographics In Carol Stream, 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 Carol Stream, 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 Carol Stream is 38.4, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Carol Stream is 54.1, with an average family size of 3.34.

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

White 66.9%
Black / African American 6.9%
Asian 19.1%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.7%
Other 4.7%

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

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

Under 10 12.5%
Aged 10-19 12.2%
20s 13.9%
30s 13.5%
40s 13%
50s 15.1%
60s 11.7%
70s 4.8%
80+ 3.2%

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

Pros And Cons Of Living In Carol Stream, Illinois

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

  • 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 Carol Stream.

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

Carol Stream, IL Foreclosures


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