There are currently 104 real estate properties in SPARLAND, IL, with a median automated valuation model (AVM) price of $126,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in SPARLAND, 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 SPARLAND, IL, is $168,293.00, with the most expensive house in SPARLAND, IL, topping out at $1,240,400.00 and the cheapest home in SPARLAND, IL, clocking in at $44,400.00. In other words, there’s something for every potential homebuyer or savvy investor in SPARLAND, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in SPARLAND, IL, is on a rollercoaster ride. The average rent price in SPARLAND, IL, is $1,413.00. Indeed, when looking to rent in SPARLAND, IL, you can expect to pay as little as $880.00 or as much as $3,020.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in SPARLAND, 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.