Short Sale Listings in Standard City, IL

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Home Value Estimator For Standard City, IL

There are currently 48 real estate properties in Standard City, IL, with a median automated valuation model (AVM) price of $59,768.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Standard City, 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 Standard City, IL, is $72,051.00, with the most expensive house in Standard City, IL, topping out at $236,131.00 and the cheapest home in Standard City, IL, clocking in at $13,380.00. In other words, there’s something for every potential homebuyer or savvy investor in Standard City, IL!

Rent Prices In Standard City, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Standard City, IL, is on a rollercoaster ride. The average rent price in Standard City, IL, is $868.00. Indeed, when looking to rent in Standard City, IL, you can expect to pay as little as $580.00 or as much as $1,290.00, with the average rent median estimated to be $820.00. The good news is that finding an affordable and desirable property to rent in Standard City, 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 Standard City, IL In 2024

Standard City is located in Macoupin, Illinois, with an estimated municipal population of 145 residents. All of the best foreclosed homes for sale in Standard City are located in the following zip code areas on 62640. The estimated population per square kilometer (.62 miles) in Standard City is 88.

Cost Of Living In Standard City, IL

So, about how much do homes cost in Standard City? The most recent median value of resident-owned homes in Standard City is 75,473. An estimated 85.1 percent of households in Standard City own their homes, with an average family size of 3.3. The median household income in Standard City is 76,563, with15 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Standard City, the median commute time of resident workers (in minutes) is 36.1. And last, but certainly not least, are you looking for homes to rent in Standard City? If so, the average rent price paid by renters in Standard City is 850, according to recent statistics.

Diversity And Demographics In Standard City, 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 Standard City, 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 Standard City is 37.3, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Standard City is 47.3, with an average family size of 3.3.

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

White 99%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1%
Other 0%

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

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

Under 10 7.6%
Aged 10-19 18.7%
20s 14.6%
30s 14.7%
40s 11.1%
50s 22.8%
60s 5.5%
70s 3.5%
80+ 1.5%

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

Pros And Cons Of Living In Standard City, Illinois

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

  • 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 Standard City.

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

Standard City, IL Short Sale Listings


Listing types in Standard City, IL

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