There are currently 912 real estate properties in Seneca, IL, with a median automated valuation model (AVM) price of $164,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Seneca, 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 Seneca, IL, is $184,051.00, with the most expensive house in Seneca, IL, topping out at $906,300.00 and the cheapest home in Seneca, IL, clocking in at $54,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Seneca, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Seneca, IL, is on a rollercoaster ride. The average rent price in Seneca, IL, is $1,324.00. Indeed, when looking to rent in Seneca, IL, you can expect to pay as little as $800.00 or as much as $2,620.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Seneca, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Seneca, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Seneca, IL and much more. Save thousands at closing with home foreclosure listings in Seneca, IL — up to 75% off market value!
Seneca is located in LaSalle, Illinois, with an estimated municipal population of 2,251 residents. All of the best foreclosed homes for sale in Seneca are located in the following zip code areas on Foreclosure.com: 60450 61360. The estimated population per square kilometer (.62 miles) in Seneca is 133.
So, about how much do homes cost in Seneca? The most recent median value of resident-owned homes in Seneca is 160,628. An estimated 83.8 percent of households in Seneca own their homes, with an average family size of 2.99. The median household income in Seneca is 72,273, with33.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Seneca, the median commute time of resident workers (in minutes) is 28.4. And last, but certainly not least, are you looking for homes to rent in Seneca? If so, the average rent price paid by renters in Seneca is 741, 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 Seneca, 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 Seneca is 32.6, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in Seneca is 52.1, with an average family size of 2.99.
The percentage of residents who report their race in Seneca is as follows:
|Black / African American||0.3%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Seneca? Or maybe you are searching for 55+ active adult communities in and/or near Seneca?
The percentage of residents who report their age in Seneca is as follows:
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 Seneca with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Seneca.
How do you know that living in -- or moving to -- Seneca is right where you need to be? Perhaps you grew up in Seneca or already live nearby; therefore, the decision to buy a home in Seneca is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Seneca 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 Seneca:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Seneca.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Seneca can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Seneca, meanwhile, can field multiple offers from more qualified buyers.
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