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Bankruptcy Homes in Garden Prairie, IL

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Home Value Estimator For Garden Prairie, IL

There are currently 493 real estate properties in Garden Prairie, IL, with a median automated valuation model (AVM) price of $272,735.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garden Prairie, 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 Garden Prairie, IL, is $313,977.00, with the most expensive house in Garden Prairie, IL, topping out at $4,752,300.00 and the cheapest home in Garden Prairie, IL, clocking in at $25,749.00. In other words, there’s something for every potential homebuyer or savvy investor in Garden Prairie, IL!


Rent Prices In Garden Prairie, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garden Prairie, IL, is on a rollercoaster ride. The average rent price in Garden Prairie, IL, is $1,389.00. Indeed, when looking to rent in Garden Prairie, IL, you can expect to pay as little as $750.00 or as much as $2,480.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Garden Prairie, 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 Garden Prairie, IL In 2024

Garden Prairie is located in Boone, Illinois, with an estimated municipal population of 325 residents. All of the best foreclosed homes for sale in Garden Prairie are located in the following zip code areas on Foreclosure.com: 61038. The estimated population per square kilometer (.62 miles) in Garden Prairie is 196.


Diversity And Demographics In Garden Prairie, 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 Garden Prairie, 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 Garden Prairie is 47.6, split between 58.8 percent male versus 41.2 female. The percentage of residents who report being married in Garden Prairie is 35.7, with an average family size of 2.55.

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

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 0%
Aged 10-19 30.2%
20s 0%
30s 0%
40s 25.3%
50s 15.4%
60s 29.2%
70s 0%
80+ 0%

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


Pros And Cons Of Living In Garden Prairie, Illinois

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

  • 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 Garden Prairie.


Reasons To Move To Garden Prairie, 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 Garden Prairie can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Garden Prairie, meanwhile, can field multiple offers from more qualified buyers.

Garden Prairie, IL Bankruptcy Homes


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