Foreclosure Homes in Dowell, IL

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Dowell, IL Foreclosures

How much do homes sell for in Dowell, IL?
The average home price is currently $49,708.
In Dowell, IL, how many homes are available?
There are currently 116 active home listings available in Dowell.
What’s the average rental cost in Dowell, IL?
The average rental price in Dowell is $733.
What is the most expensive home in Dowell, Illinois?
The most expensive home sold in Dowell had a price of $297,900.
What is currently the cheapest priced home in Dowell, IL?
The cheapest home for sale in Dowell is priced at $13,060.

Home Value Estimator For Dowell, IL

There are currently 116 real estate properties in Dowell, IL, with a median automated valuation model (AVM) price of $38,019.00. 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 $49,708.00, with the most expensive house in Dowell, IL, topping out at $297,900.00 and the cheapest home in Dowell, IL, clocking in at $13,060.00. In other words, there’s something for every potential homebuyer or savvy investor in Dowell, IL!

Rent Prices 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 $733.00. Indeed, when looking to rent in Dowell, IL, you can expect to pay as little as $450.00 or as much as $1,370.00, with the average rent median estimated to be $730.00. 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.

Top Reasons To Live In Dowell, IL In 2024

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 62927 62932. The estimated population per square kilometer (.62 miles) in Dowell is 382.

Diversity And Demographics In Dowell, 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 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%

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

Pros And Cons Of Living In Dowell, Illinois

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:

  • 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 Dowell.

Reasons To Move To Dowell, 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 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.

Dowell, IL Foreclosures


Listing types in Dowell, IL

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