Bankruptcy Homes in Staunton, IL

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Home Value Estimator For Staunton, IL

There are currently 2,490 real estate properties in Staunton, IL, with a median automated valuation model (AVM) price of $132,502.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Staunton, 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 Staunton, IL, is $153,635.00, with the most expensive house in Staunton, IL, topping out at $1,141,664.00 and the cheapest home in Staunton, IL, clocking in at $8,657.00. In other words, there’s something for every potential homebuyer or savvy investor in Staunton, IL!

Rent Prices In Staunton, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Staunton, IL, is on a rollercoaster ride. The average rent price in Staunton, IL, is $1,072.00. Indeed, when looking to rent in Staunton, IL, you can expect to pay as little as $600.00 or as much as $2,380.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Staunton, 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 Staunton, IL In 2024

Staunton is located in Macoupin, Illinois, with an estimated municipal population of 4,954 residents. All of the best foreclosed homes for sale in Staunton are located in the following zip code areas on 62088. The estimated population per square kilometer (.62 miles) in Staunton is 490.

Cost Of Living In Staunton, IL

So, about how much do homes cost in Staunton? The most recent median value of resident-owned homes in Staunton is 101,078. An estimated 67.2 percent of households in Staunton own their homes, with an average family size of 2.83. The median household income in Staunton is 46,025, with16.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Staunton, the median commute time of resident workers (in minutes) is 30.7. And last, but certainly not least, are you looking for homes to rent in Staunton? If so, the average rent price paid by renters in Staunton is 692, according to recent statistics.

Diversity And Demographics In Staunton, 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 Staunton, 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 Staunton is 43, split between 51.2 percent male versus 48.8 female. The percentage of residents who report being married in Staunton is 50.6, with an average family size of 2.83.

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

White 99.9%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.1%
Other 0%

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

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

Under 10 9.3%
Aged 10-19 12.3%
20s 14.6%
30s 12.4%
40s 9.7%
50s 14.4%
60s 11.4%
70s 9.1%
80+ 6.7%

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

Pros And Cons Of Living In Staunton, Illinois

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

  • 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 Staunton.

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

Staunton, IL Bankruptcy Homes


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