There are currently 3,499 real estate properties in FLOSSMOOR, IL, with a median automated valuation model (AVM) price of $279,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in FLOSSMOOR, 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 FLOSSMOOR, IL, is $292,571.00, with the most expensive house in FLOSSMOOR, IL, topping out at $1,299,000.00 and the cheapest home in FLOSSMOOR, IL, clocking in at $47,700.00. In other words, there’s something for every potential homebuyer or savvy investor in FLOSSMOOR, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in FLOSSMOOR, IL, is on a rollercoaster ride. The average rent price in FLOSSMOOR, IL, is $2,112.00. Indeed, when looking to rent in FLOSSMOOR, IL, you can expect to pay as little as $1,100.00 or as much as $3,910.00, with the average rent median estimated to be $2,060.00. The good news is that finding an affordable and desirable property to rent in FLOSSMOOR, 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.