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Foreclosure Homes in Cedarville, IL

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Cedarville, IL Foreclosures

How much do homes sell for in Cedarville, IL?
The average home price is currently $149,888.
In Cedarville, IL, how many homes are available?
There are currently 191 active home listings available in Cedarville.
What’s the average rental cost in Cedarville, IL?
The average rental price in Cedarville is $1,184.
What is the most expensive home in Cedarville, Illinois?
The most expensive home sold in Cedarville had a price of $617,813.
What is currently the cheapest priced home in Cedarville, IL?
The cheapest home for sale in Cedarville is priced at $23,463.

Home Value Estimator For Cedarville, IL

There are currently 191 real estate properties in Cedarville, IL, with a median automated valuation model (AVM) price of $143,458.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cedarville, 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 Cedarville, IL, is $149,888.00, with the most expensive house in Cedarville, IL, topping out at $617,813.00 and the cheapest home in Cedarville, IL, clocking in at $23,463.00. In other words, there’s something for every potential homebuyer or savvy investor in Cedarville, IL!


Rent Prices In Cedarville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cedarville, IL, is on a rollercoaster ride. The average rent price in Cedarville, IL, is $1,184.00. Indeed, when looking to rent in Cedarville, IL, you can expect to pay as little as $790.00 or as much as $2,180.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Cedarville, 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 Cedarville, IL In 2024

Cedarville is located in Stephenson, Illinois, with an estimated municipal population of 689 residents. All of the best foreclosed homes for sale in Cedarville are located in the following zip code areas on Foreclosure.com: 61032 61013. The estimated population per square kilometer (.62 miles) in Cedarville is 590.


Cost Of Living In Cedarville, IL

So, about how much do homes cost in Cedarville? The most recent median value of resident-owned homes in Cedarville is 98,484. An estimated 89.9 percent of households in Cedarville own their homes, with an average family size of 2.68. The median household income in Cedarville is 57,500, with21.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cedarville, the median commute time of resident workers (in minutes) is 23.


Diversity And Demographics In Cedarville, 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 Cedarville, 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 Cedarville is 48.6, split between 52.1 percent male versus 47.9 female. The percentage of residents who report being married in Cedarville is 60.6, with an average family size of 2.68.

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

White 99.4%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.6%
Other 0%

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

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

Under 10 6.8%
Aged 10-19 12.7%
20s 11.1%
30s 8.4%
40s 12.5%
50s 20.7%
60s 11.8%
70s 12.8%
80+ 3.2%

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


Pros And Cons Of Living In Cedarville, Illinois

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

  • 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 Cedarville.


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

Cedarville, IL Foreclosures


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