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Foreclosure Homes in Murphysboro, IL

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Murphysboro, IL Foreclosures

How much do homes sell for in Murphysboro, IL?
The average home price is currently $122,738.
In Murphysboro, IL, how many homes are available?
There are currently 5,134 active home listings available in Murphysboro.
What’s the average rental cost in Murphysboro, IL?
The average rental price in Murphysboro is $1,003.
What is the most expensive home in Murphysboro, Illinois?
The most expensive home sold in Murphysboro had a price of $2,100,000.
What is currently the cheapest priced home in Murphysboro, IL?
The cheapest home for sale in Murphysboro is priced at $12,120.

Home Value Estimator For Murphysboro, IL

There are currently 5,134 real estate properties in Murphysboro, IL, with a median automated valuation model (AVM) price of $92,794.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Murphysboro, 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 Murphysboro, IL, is $122,738.00, with the most expensive house in Murphysboro, IL, topping out at $2,100,000.00 and the cheapest home in Murphysboro, IL, clocking in at $12,120.00. In other words, there’s something for every potential homebuyer or savvy investor in Murphysboro, IL!


Rent Prices In Murphysboro, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Murphysboro, IL, is on a rollercoaster ride. The average rent price in Murphysboro, IL, is $1,003.00. Indeed, when looking to rent in Murphysboro, IL, you can expect to pay as little as $470.00 or as much as $2,320.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Murphysboro, 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 Murphysboro, IL In 2024

Murphysboro is located in Jackson, Illinois, with an estimated municipal population of 7,406 residents. All of the best foreclosed homes for sale in Murphysboro are located in the following zip code areas on Foreclosure.com: 62966. The estimated population per square kilometer (.62 miles) in Murphysboro is 551.


Cost Of Living In Murphysboro, IL

So, about how much do homes cost in Murphysboro? The most recent median value of resident-owned homes in Murphysboro is 66,327. An estimated 53.9 percent of households in Murphysboro own their homes, with an average family size of 3.01. The median household income in Murphysboro is 36,184, with11.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Murphysboro, the median commute time of resident workers (in minutes) is 20.5. And last, but certainly not least, are you looking for homes to rent in Murphysboro? If so, the average rent price paid by renters in Murphysboro is 594, according to recent statistics.


Diversity And Demographics In Murphysboro, 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 Murphysboro, 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 Murphysboro is 36.5, split between 46.4 percent male versus 53.6 female. The percentage of residents who report being married in Murphysboro is 38.9, with an average family size of 3.01.

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

White 77%
Black / African American 14%
Asian 0.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3%
Other 5.9%

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

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

Under 10 16.2%
Aged 10-19 11.7%
20s 11.8%
30s 15.2%
40s 9%
50s 13.8%
60s 10.2%
70s 6.4%
80+ 5.8%

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


Pros And Cons Of Living In Murphysboro, Illinois

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

  • 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 Murphysboro.


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

Murphysboro, IL Foreclosures


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