There are currently 2 real estate properties in Dowell, IL, with a median automated valuation model (AVM) price of $62,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dowell, 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 Dowell, IL, is $101,700.00, with the most expensive house in Dowell, IL, topping out at $141,000.00 and the cheapest home in Dowell, IL, clocking in at $62,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Dowell, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dowell, IL, is on a rollercoaster ride. The average rent price in Dowell, IL, is $1,045.00. Indeed, when looking to rent in Dowell, IL, you can expect to pay as little as $860.00 or as much as $1,230.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Dowell, 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 Dowell, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Dowell, IL and much more. Save thousands at closing with home foreclosure listings in Dowell, IL — up to 75% off market value!
Dowell is located in Jackson, Illinois, with an estimated municipal population of 386 residents. All of the best foreclosed homes for sale in Dowell are located in the following zip code areas on Foreclosure.com: 62927 62932. The estimated population per square kilometer (.62 miles) in Dowell is 382.
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 Dowell, 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 Dowell is 35.2, split between 51.9 percent male versus 48.1 female. The percentage of residents who report being married in Dowell is 48.2, with an average family size of 3.12.
The percentage of residents who report their race in Dowell is as follows:
| White | 97.7% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.9% |
| Other | 1.4% |
Looking for family-friendly neighborhoods in and/or near Dowell? Or maybe you are searching for 55+ active adult communities in and/or near Dowell?
The percentage of residents who report their age in Dowell is as follows:
| Under 10 | 10.3% |
| Aged 10-19 | 8.6% |
| 20s | 22.9% |
| 30s | 14.9% |
| 40s | 10.9% |
| 50s | 10% |
| 60s | 13.5% |
| 70s | 5.1% |
| 80+ | 3.5% |
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 Dowell with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Dowell.
How do you know that living in -- or moving to -- Dowell is right where you need to be? Perhaps you grew up in Dowell or already live nearby; therefore, the decision to buy a home in Dowell is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Dowell 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 Dowell:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Dowell.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Dowell can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Dowell, meanwhile, can field multiple offers from more qualified buyers.
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