There are currently 6 real estate properties in RARITAN, IL, with a median automated valuation model (AVM) price of $89,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in RARITAN, 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 RARITAN, IL, is $89,017.00, with the most expensive house in RARITAN, IL, topping out at $110,100.00 and the cheapest home in RARITAN, IL, clocking in at $65,500.00. In other words, there’s something for every potential homebuyer or savvy investor in RARITAN, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in RARITAN, IL, is on a rollercoaster ride. The average rent price in RARITAN, IL, is $1,020.00. Indeed, when looking to rent in RARITAN, IL, you can expect to pay as little as $890.00 or as much as $1,120.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in RARITAN, 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.