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There are currently 3,617 real estate properties in Itasca, IL, with a median automated valuation model (AVM) price of $374,128.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Itasca, 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 Itasca, IL, is $430,074.00, with the most expensive house in Itasca, IL, topping out at $18,724,200.00 and the cheapest home in Itasca, IL, clocking in at $46,852.00. In other words, there’s something for every potential homebuyer or savvy investor in Itasca, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Itasca, IL, is on a rollercoaster ride. The average rent price in Itasca, IL, is $2,053.00. Indeed, when looking to rent in Itasca, IL, you can expect to pay as little as $870.00 or as much as $3,980.00, with the average rent median estimated to be $2,000.00. The good news is that finding an affordable and desirable property to rent in Itasca, 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.
Itasca is located in DuPage, Illinois, with an estimated municipal population of 9,805 residents. All of the best foreclosed homes for sale in Itasca are located in the following zip code areas on Foreclosure.com: 60143. The estimated population per square kilometer (.62 miles) in Itasca is 759.
So, about how much do homes cost in Itasca? The most recent median value of resident-owned homes in Itasca is 319,312. An estimated 72.4 percent of households in Itasca own their homes, with an average family size of 2.86. The median household income in Itasca is 93,958, with45.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Itasca, the median commute time of resident workers (in minutes) is 26.3. And last, but certainly not least, are you looking for homes to rent in Itasca? If so, the average rent price paid by renters in Itasca is 1,277, according to recent statistics.
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 Itasca, 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 Itasca is 45.4, split between 48 percent male versus 52 female. The percentage of residents who report being married in Itasca is 56.3, with an average family size of 2.86.
The percentage of residents who report their race in Itasca is as follows:
| White | 86.6% |
| Black / African American | 2.6% |
| Asian | 7.5% |
| American Indian / Alaskan Native | 0.1% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.1% |
| Other | 1.2% |
Looking for family-friendly neighborhoods in and/or near Itasca? Or maybe you are searching for 55+ active adult communities in and/or near Itasca?
The percentage of residents who report their age in Itasca is as follows:
| Under 10 | 9.9% |
| Aged 10-19 | 9.8% |
| 20s | 12.5% |
| 30s | 13.2% |
| 40s | 11.7% |
| 50s | 14.8% |
| 60s | 14.7% |
| 70s | 9.4% |
| 80+ | 4.1% |
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 Itasca with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Itasca.
How do you know that living in -- or moving to -- Itasca is right where you need to be? Perhaps you grew up in Itasca or already live nearby; therefore, the decision to buy a home in Itasca is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Itasca 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 Itasca:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Itasca.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Itasca can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Itasca, meanwhile, can field multiple offers from more qualified buyers.
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