Bankruptcy Homes in Delavan, IL

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View this home at E 4th St Delavan IL 61734
$89,775 EMV
View this home at Lago Dr Delavan IL 61734
$193,610 EMV

3 Bed | 2.5 Bath | 1,824 Sq. Ft.

View this home at E 6th St # 42 Delavan IL 61734
View this home at Morris Mill Rd Delavan IL 61734
$133,950 EMV

3 Bed | 1 Bath | 1,320 Sq. Ft.

View this home at Greene St Delavan IL 61734
$149,192 EMV
View this home at E 2nd St Delavan IL 61734
$151,469 EMV
View this home at E 6th St Delavan IL 61734
$247,841 EMV
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Home Value Estimator For Delavan, IL

There are currently 1,110 real estate properties in Delavan, IL, with a median automated valuation model (AVM) price of $153,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Delavan, 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 Delavan, IL, is $191,803.00, with the most expensive house in Delavan, IL, topping out at $2,296,800.00 and the cheapest home in Delavan, IL, clocking in at $12,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Delavan, IL!

Rent Prices In Delavan, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Delavan, IL, is on a rollercoaster ride. The average rent price in Delavan, IL, is $1,306.00. Indeed, when looking to rent in Delavan, IL, you can expect to pay as little as $660.00 or as much as $2,540.00, 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 Delavan, 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.

Foreclosure Homes in Delavan, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Delavan, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Delavan, IL and much more. Save thousands at closing with home foreclosure listings in Delavan, IL — up to 75% off market value!

Top Reasons To Live In Delavan, IL In 2023

Delavan is located in Tazewell, Illinois, with an estimated municipal population of 1,616 residents. All of the best foreclosed homes for sale in Delavan are located in the following zip code areas on 61734. The estimated population per square kilometer (.62 miles) in Delavan is 432.

Cost Of Living In Delavan, IL

So, about how much do homes cost in Delavan? The most recent median value of resident-owned homes in Delavan is 108,488. An estimated 73.7 percent of households in Delavan own their homes, with an average family size of 2.82. The median household income in Delavan is 58,056, with18.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Delavan, the median commute time of resident workers (in minutes) is 29.8. And last, but certainly not least, are you looking for homes to rent in Delavan? If so, the average rent price paid by renters in Delavan is 743, according to recent statistics.

Diversity And Demographics In Delavan, 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 Delavan, 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 Delavan is 43.3, split between 47.1 percent male versus 52.9 female. The percentage of residents who report being married in Delavan is 58.6, with an average family size of 2.82.

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

White 97%
Black / African American 0.5%
Asian 0.5%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 0.2%

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

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

Under 10 10.2%
Aged 10-19 13.9%
20s 12%
30s 10.3%
40s 12.7%
50s 15.4%
60s 14.1%
70s 5.5%
80+ 6%

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

Pros And Cons Of Living In Delavan, Illinois

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

  • 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 Delavan.

Reasons To Move To Delavan, Illinois, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Delavan can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Delavan, meanwhile, can field multiple offers from more qualified buyers.

Delavan, IL Bankruptcy Homes


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