Foreclosures in Steward, IL

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View this home at Miller St Steward IL 60553
$132,183 EMV

| 1 Bath | 2,072 Sq. Ft.

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Home Value Estimator For Steward, IL

There are currently 223 real estate properties in Steward, IL, with a median automated valuation model (AVM) price of $194,909.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Steward, 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 Steward, IL, is $217,544.00, with the most expensive house in Steward, IL, topping out at $761,925.00 and the cheapest home in Steward, IL, clocking in at $40,117.00. In other words, there’s something for every potential homebuyer or savvy investor in Steward, IL!

Rent Prices In Steward, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Steward, IL, is on a rollercoaster ride. The average rent price in Steward, IL, is $1,407.00. Indeed, when looking to rent in Steward, IL, you can expect to pay as little as $760.00 or as much as $2,510.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Steward, 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 Steward, IL In 2024

Steward is located in Lee, Illinois, with an estimated municipal population of 241 residents. All of the best foreclosed homes for sale in Steward are located in the following zip code areas on 60553. The estimated population per square kilometer (.62 miles) in Steward is 345.

Cost Of Living In Steward, IL

So, about how much do homes cost in Steward? The most recent median value of resident-owned homes in Steward is 102,753. An estimated 86 percent of households in Steward own their homes, with an average family size of 3.1. The median household income in Steward is 64,000, with21.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Steward, the median commute time of resident workers (in minutes) is 26.1. And last, but certainly not least, are you looking for homes to rent in Steward? If so, the average rent price paid by renters in Steward is 740, according to recent statistics.

Diversity And Demographics In Steward, 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 Steward, 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 Steward is 45.3, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in Steward is 50.2, with an average family size of 3.1.

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

White 96.1%
Black / African American 2.3%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.7%
Other 1%

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

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

Under 10 7.2%
Aged 10-19 18.2%
20s 5.9%
30s 9.5%
40s 19.2%
50s 23.5%
60s 7.2%
70s 4.9%
80+ 4.6%

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

Pros And Cons Of Living In Steward, Illinois

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

  • 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 Steward.

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

Steward, IL Foreclosures


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