Foreclosure Homes in Milledgeville, IL

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5 N-meyers-ave-Milledgeville-IL-61051
$65,086 EMV

2 Bed | 1 Bath | 1,257 Sq. Ft.

$316,899 EMV

4 Bed | 1,714 Sq. Ft.

22 E-4th-st-Milledgeville-IL-61051
As-Is Deal
$15,000 List Price

3 Bed | 2 Bath

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Home Value Estimator For Milledgeville, IL

There are currently 518 real estate properties in Milledgeville, IL, with a median automated valuation model (AVM) price of $100,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milledgeville, 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 Milledgeville, IL, is $112,289.00, with the most expensive house in Milledgeville, IL, topping out at $766,000.00 and the cheapest home in Milledgeville, IL, clocking in at $29,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Milledgeville, IL!

Rent Prices In Milledgeville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milledgeville, IL, is on a rollercoaster ride. The average rent price in Milledgeville, IL, is $1,096.00. Indeed, when looking to rent in Milledgeville, IL, you can expect to pay as little as $650.00 or as much as $1,820.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Milledgeville, 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.

Foreclosure Homes in Milledgeville, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Milledgeville, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Milledgeville, IL and much more. Save thousands at closing with home foreclosure listings in Milledgeville, IL — up to 75% off market value!

Top Reasons To Live In Milledgeville, IL In 2022

Milledgeville is located in Carroll, Illinois, with an estimated municipal population of 952 residents. All of the best foreclosed homes for sale in Milledgeville are located in the following zip code areas on 61051. The estimated population per square kilometer (.62 miles) in Milledgeville is 532.

Cost Of Living In Milledgeville, IL

So, about how much do homes cost in Milledgeville? The most recent median value of resident-owned homes in Milledgeville is 82,342. An estimated 65.3 percent of households in Milledgeville own their homes, with an average family size of 2.79. The median household income in Milledgeville is 47,574, with11.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Milledgeville, the median commute time of resident workers (in minutes) is 25.9. And last, but certainly not least, are you looking for homes to rent in Milledgeville? If so, the average rent price paid by renters in Milledgeville is 660, according to recent statistics.

Diversity And Demographics In Milledgeville, 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 Milledgeville, 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 Milledgeville is 42.4, split between 51.9 percent male versus 48.1 female. The percentage of residents who report being married in Milledgeville is 43.8, with an average family size of 2.79.

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

White 90.9%
Black / African American 0.4%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 8.3%
Other 0.4%

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

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

Under 10 10.5%
Aged 10-19 9.7%
20s 14.5%
30s 11.4%
40s 12%
50s 10.8%
60s 14.5%
70s 9.7%
80+ 6.6%

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

Pros And Cons Of Living In Milledgeville, Illinois

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

  • 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 Milledgeville.

Reasons To Move To Milledgeville, Illinois, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Milledgeville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Milledgeville, meanwhile, can field multiple offers from more qualified buyers.

Milledgeville, IL Foreclosures


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