Rent To Own Homes in Dallas City, IL

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Home Value Estimator For Dallas City, IL

There are currently 393 real estate properties in Dallas City, IL, with a median automated valuation model (AVM) price of $113,968.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dallas City, 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 Dallas City, IL, is $121,091.00, with the most expensive house in Dallas City, IL, topping out at $372,979.00 and the cheapest home in Dallas City, IL, clocking in at $15,225.00. In other words, there’s something for every potential homebuyer or savvy investor in Dallas City, IL!

Rent Prices In Dallas City, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dallas City, IL, is on a rollercoaster ride. The average rent price in Dallas City, IL, is $990.00. Indeed, when looking to rent in Dallas City, IL, you can expect to pay as little as $570.00 or as much as $1,720.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Dallas City, 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 Dallas City, IL In 2024

Dallas City is located in Hancock, Illinois, with an estimated municipal population of 872 residents. All of the best foreclosed homes for sale in Dallas City are located in the following zip code areas on 62330. The estimated population per square kilometer (.62 miles) in Dallas City is 141.

Cost Of Living In Dallas City, IL

So, about how much do homes cost in Dallas City? The most recent median value of resident-owned homes in Dallas City is 70,101. An estimated 81.9 percent of households in Dallas City own their homes, with an average family size of 3. The median household income in Dallas City is 43,750, with14.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Dallas City, the median commute time of resident workers (in minutes) is 34.6. And last, but certainly not least, are you looking for homes to rent in Dallas City? If so, the average rent price paid by renters in Dallas City is 583, according to recent statistics.

Diversity And Demographics In Dallas City, 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 Dallas City, 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 Dallas City is 44.2, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Dallas City is 46.2, with an average family size of 3.

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

White 98.2%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 0%

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

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

Under 10 12.4%
Aged 10-19 12.2%
20s 10.5%
30s 11.7%
40s 12.2%
50s 14.3%
60s 13.3%
70s 9.4%
80+ 3.9%

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

Pros And Cons Of Living In Dallas City, Illinois

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

  • 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 Dallas City.

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

Dallas City, IL Rent To Own Homes


Listing types in Dallas City, IL

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