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Preforeclosure Homes in Huntley, IL

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View this home at Victoria Ln Huntley IL 60142
Preforeclosure
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$526,820 EMV
Victoria Ln
Huntley, IL 60142
Single-Family
3,924
EST. RENT: $2,710
|
AUCTION: 04-12-2024
Single-Family
3,924
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Home Value Estimator For Huntley, IL

There are currently 11,748 real estate properties in Huntley, IL, with a median automated valuation model (AVM) price of $349,728.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Huntley, 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 Huntley, IL, is $360,189.00, with the most expensive house in Huntley, IL, topping out at $3,738,800.00 and the cheapest home in Huntley, IL, clocking in at $16,766.00. In other words, there’s something for every potential homebuyer or savvy investor in Huntley, IL!


Rent Prices In Huntley, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Huntley, IL, is on a rollercoaster ride. The average rent price in Huntley, IL, is $1,818.00. Indeed, when looking to rent in Huntley, IL, you can expect to pay as little as $1,220.00 or as much as $4,580.00, with the average rent median estimated to be $1,750.00. The good news is that finding an affordable and desirable property to rent in Huntley, 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 Huntley, IL In 2024

Huntley is located in McHenry, Illinois, with an estimated municipal population of 27,228 residents. All of the best foreclosed homes for sale in Huntley are located in the following zip code areas on Foreclosure.com: 60142. The estimated population per square kilometer (.62 miles) in Huntley is 735.


Cost Of Living In Huntley, IL

So, about how much do homes cost in Huntley? The most recent median value of resident-owned homes in Huntley is 251,552. An estimated 88.7 percent of households in Huntley own their homes, with an average family size of 2.9. The median household income in Huntley is 75,100, with34.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Huntley, the median commute time of resident workers (in minutes) is 35.3. And last, but certainly not least, are you looking for homes to rent in Huntley? If so, the average rent price paid by renters in Huntley is 1,231, according to recent statistics.


Diversity And Demographics In Huntley, 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 Huntley, 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 Huntley is 49, split between 47.1 percent male versus 52.9 female. The percentage of residents who report being married in Huntley is 60.6, with an average family size of 2.9.

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

White 88.4%
Black / African American 2.8%
Asian 5.9%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 1.7%
Other 0.9%

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

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

Under 10 10.2%
Aged 10-19 11.6%
20s 6.7%
30s 9%
40s 14.2%
50s 9.4%
60s 13.5%
70s 14.7%
80+ 10.7%

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


Pros And Cons Of Living In Huntley, Illinois

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

  • 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 Huntley.


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

Huntley, IL Preforeclosure Homes


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