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Foreclosure Homes in East Hazel Crest, IL

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Forestway-dr-East-hazel-crest-IL-60429
Preforeclosure

Forestway Dr
East Hazel Crest, IL 60429

3 Bed | 2 Bath | 1,579 Sq. Ft.

5 172nd-st-East-hazel-crest-IL-60429
Preforeclosure

172nd St
East Hazel Crest, IL 60429

4 Bed | 3 Bath | 1,453 Sq. Ft.

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Home Value Estimator For East Hazel Crest, IL

There are currently 62 real estate properties in East Hazel Crest, IL, with a median automated valuation model (AVM) price of $202,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in East Hazel Crest, 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 East Hazel Crest, IL, is $331,484.00, with the most expensive house in East Hazel Crest, IL, topping out at $2,030,500.00 and the cheapest home in East Hazel Crest, IL, clocking in at $111,500.00. In other words, there’s something for every potential homebuyer or savvy investor in East Hazel Crest, IL!


Rent Prices In East Hazel Crest, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in East Hazel Crest, IL, is on a rollercoaster ride. The average rent price in East Hazel Crest, IL, is $1,902.00. Indeed, when looking to rent in East Hazel Crest, IL, you can expect to pay as little as $1,320.00 or as much as $2,830.00, with the average rent median estimated to be $1,730.00. The good news is that finding an affordable and desirable property to rent in East Hazel Crest, 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 East Hazel Crest, IL

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


Top Reasons To Live In East Hazel Crest, IL In 2021

East Hazel Crest is located in Cook, Illinois, with an estimated municipal population of 1,497 residents. All of the best foreclosed homes for sale in East Hazel Crest are located in the following zip code areas on Foreclosure.com: 60429 60430. The estimated population per square kilometer (.62 miles) in East Hazel Crest is 736.


Cost Of Living In East Hazel Crest, IL

So, about how much do homes cost in East Hazel Crest? The most recent median value of resident-owned homes in East Hazel Crest is 111,144. An estimated 64.2 percent of households in East Hazel Crest own their homes, with an average family size of 3.41. The median household income in East Hazel Crest is 56,667, with15.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in East Hazel Crest, the median commute time of resident workers (in minutes) is 32. And last, but certainly not least, are you looking for homes to rent in East Hazel Crest? If so, the average rent price paid by renters in East Hazel Crest is 1,096, according to recent statistics.


Diversity And Demographics In East Hazel Crest, 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 East Hazel Crest, 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 East Hazel Crest is 45, split between 43 percent male versus 57 female. The percentage of residents who report being married in East Hazel Crest is 39.9, with an average family size of 3.41.

The percentage of residents who report their race in East Hazel Crest is as follows:

White 44.9%
Black / African American 53.2%
Asian 0.6%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 0.1%

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

The percentage of residents who report their age in East Hazel Crest is as follows:

Under 10 8.6%
Aged 10-19 15.9%
20s 10.8%
30s 10%
40s 12.5%
50s 16%
60s 13.2%
70s 8.9%
80+ 4.2%

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


Pros And Cons Of Living In East Hazel Crest, Illinois

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

  • 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 East Hazel Crest.


Reasons To Move To East Hazel Crest, Illinois, In 2021

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

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