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Foreclosure Homes in Thayer, IL

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Thayer, IL Foreclosures

How much do homes sell for in Thayer, IL?
The average home price is currently $63,924.
In Thayer, IL, how many homes are available?
There are currently 264 active home listings available in Thayer.
What’s the average rental cost in Thayer, IL?
The average rental price in Thayer is $1,040.
What is the most expensive home in Thayer, Illinois?
The most expensive home sold in Thayer had a price of $325,000.
What is currently the cheapest priced home in Thayer, IL?
The cheapest home for sale in Thayer is priced at $17,216.

Home Value Estimator For Thayer, IL

There are currently 264 real estate properties in Thayer, IL, with a median automated valuation model (AVM) price of $57,291.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Thayer, 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 Thayer, IL, is $63,924.00, with the most expensive house in Thayer, IL, topping out at $325,000.00 and the cheapest home in Thayer, IL, clocking in at $17,216.00. In other words, there’s something for every potential homebuyer or savvy investor in Thayer, IL!


Rent Prices In Thayer, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Thayer, IL, is on a rollercoaster ride. The average rent price in Thayer, IL, is $1,040.00. Indeed, when looking to rent in Thayer, IL, you can expect to pay as little as $530.00 or as much as $1,310.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Thayer, 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 Thayer, IL In 2024

Thayer is located in Sangamon, Illinois, with an estimated municipal population of 655 residents. All of the best foreclosed homes for sale in Thayer are located in the following zip code areas on Foreclosure.com: 62615 62689. The estimated population per square kilometer (.62 miles) in Thayer is 414.


Cost Of Living In Thayer, IL

So, about how much do homes cost in Thayer? The most recent median value of resident-owned homes in Thayer is 77,153. An estimated 89.4 percent of households in Thayer own their homes, with an average family size of 2.96. The median household income in Thayer is 61,071, with17.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Thayer, the median commute time of resident workers (in minutes) is 25.2. And last, but certainly not least, are you looking for homes to rent in Thayer? If so, the average rent price paid by renters in Thayer is 718, according to recent statistics.


Diversity And Demographics In Thayer, 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 Thayer, 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 Thayer is 34.1, split between 50.9 percent male versus 49.1 female. The percentage of residents who report being married in Thayer is 45.2, with an average family size of 2.96.

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

White 98.1%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.9%
Other 0%

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

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

Under 10 11.6%
Aged 10-19 14%
20s 15.2%
30s 21.5%
40s 6.3%
50s 11%
60s 11%
70s 6.4%
80+ 3%

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


Pros And Cons Of Living In Thayer, Illinois

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

  • 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 Thayer.


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

Thayer, IL Foreclosures


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