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Foreclosure Homes in Glen Carbon, IL

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Glen Carbon, IL Foreclosures

How much do homes sell for in Glen Carbon, IL?
The average home price is currently $292,808.
In Glen Carbon, IL, how many homes are available?
There are currently 4,816 active home listings available in Glen Carbon.
What’s the average rental cost in Glen Carbon, IL?
The average rental price in Glen Carbon is $1,359.
What is the most expensive home in Glen Carbon, Illinois?
The most expensive home sold in Glen Carbon had a price of $2,971,932.
What is currently the cheapest priced home in Glen Carbon, IL?
The cheapest home for sale in Glen Carbon is priced at $15,316.

Home Value Estimator For Glen Carbon, IL

There are currently 4,816 real estate properties in Glen Carbon, IL, with a median automated valuation model (AVM) price of $271,750.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Glen Carbon, 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 Glen Carbon, IL, is $292,808.00, with the most expensive house in Glen Carbon, IL, topping out at $2,971,932.00 and the cheapest home in Glen Carbon, IL, clocking in at $15,316.00. In other words, there’s something for every potential homebuyer or savvy investor in Glen Carbon, IL!


Rent Prices In Glen Carbon, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Glen Carbon, IL, is on a rollercoaster ride. The average rent price in Glen Carbon, IL, is $1,359.00. Indeed, when looking to rent in Glen Carbon, IL, you can expect to pay as little as $670.00 or as much as $3,000.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Glen Carbon, 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 Glen Carbon, IL In 2024

Glen Carbon is located in Madison, Illinois, with an estimated municipal population of 12,850 residents. All of the best foreclosed homes for sale in Glen Carbon are located in the following zip code areas on Foreclosure.com: 62034. The estimated population per square kilometer (.62 miles) in Glen Carbon is 483.


Cost Of Living In Glen Carbon, IL

So, about how much do homes cost in Glen Carbon? The most recent median value of resident-owned homes in Glen Carbon is 226,753. An estimated 73.3 percent of households in Glen Carbon own their homes, with an average family size of 2.97. The median household income in Glen Carbon is 89,236, with45.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Glen Carbon, the median commute time of resident workers (in minutes) is 25.7. And last, but certainly not least, are you looking for homes to rent in Glen Carbon? If so, the average rent price paid by renters in Glen Carbon is 990, according to recent statistics.


Diversity And Demographics In Glen Carbon, 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 Glen Carbon, 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 Glen Carbon is 39, split between 50.7 percent male versus 49.3 female. The percentage of residents who report being married in Glen Carbon is 57.4, with an average family size of 2.97.

The percentage of residents who report their race in Glen Carbon is as follows:

White 91.6%
Black / African American 3.6%
Asian 2.5%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 0.4%

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

The percentage of residents who report their age in Glen Carbon is as follows:

Under 10 15.2%
Aged 10-19 10.9%
20s 11.3%
30s 13.9%
40s 12.3%
50s 10.9%
60s 12.3%
70s 7.4%
80+ 5.7%

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


Pros And Cons Of Living In Glen Carbon, Illinois

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

  • 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 Glen Carbon.


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

Glen Carbon, IL Foreclosures


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