Short Sale Listings in Glen Ellyn, IL

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Home Value Estimator For Glen Ellyn, IL

There are currently 13,174 real estate properties in Glen Ellyn, IL, with a median automated valuation model (AVM) price of $471,557.00. 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 Ellyn, 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 Ellyn, IL, is $544,247.00, with the most expensive house in Glen Ellyn, IL, topping out at $6,778,200.00 and the cheapest home in Glen Ellyn, IL, clocking in at $18,640.00. In other words, there’s something for every potential homebuyer or savvy investor in Glen Ellyn, IL!

Rent Prices In Glen Ellyn, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Glen Ellyn, IL, is on a rollercoaster ride. The average rent price in Glen Ellyn, IL, is $2,292.00. Indeed, when looking to rent in Glen Ellyn, IL, you can expect to pay as little as $690.00 or as much as $3,440.00, with the average rent median estimated to be $2,390.00. The good news is that finding an affordable and desirable property to rent in Glen Ellyn, 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 Ellyn, IL In 2024

Glen Ellyn is located in DuPage, Illinois, with an estimated municipal population of 27,714 residents. All of the best foreclosed homes for sale in Glen Ellyn are located in the following zip code areas on 60137 60138. The estimated population per square kilometer (.62 miles) in Glen Ellyn is 1,576.

Cost Of Living In Glen Ellyn, IL

So, about how much do homes cost in Glen Ellyn? The most recent median value of resident-owned homes in Glen Ellyn is 455,150. An estimated 75.5 percent of households in Glen Ellyn own their homes, with an average family size of 3.21. The median household income in Glen Ellyn is 110,678, with53.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Glen Ellyn, the median commute time of resident workers (in minutes) is 31.8. And last, but certainly not least, are you looking for homes to rent in Glen Ellyn? If so, the average rent price paid by renters in Glen Ellyn is 1,106, according to recent statistics.

Diversity And Demographics In Glen Ellyn, 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 Ellyn, 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 Ellyn is 40.7, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Glen Ellyn is 60.5, with an average family size of 3.21.

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

White 86.8%
Black / African American 3.4%
Asian 7%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.3%
Other 0.3%

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

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

Under 10 14.7%
Aged 10-19 14.5%
20s 8.5%
30s 11.5%
40s 14%
50s 14.1%
60s 11.5%
70s 6.8%
80+ 4.5%

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

Pros And Cons Of Living In Glen Ellyn, Illinois

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

  • 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 Ellyn.

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

Glen Ellyn, IL Short Sale Listings


Listing types in Glen Ellyn, IL

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