There are currently 602 real estate properties in Thompsonville, IL, with a median automated valuation model (AVM) price of $109,232.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Thompsonville, 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 Thompsonville, IL, is $125,575.00, with the most expensive house in Thompsonville, IL, topping out at $768,000.00 and the cheapest home in Thompsonville, IL, clocking in at $7,121.00. In other words, there’s something for every potential homebuyer or savvy investor in Thompsonville, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Thompsonville, IL, is on a rollercoaster ride. The average rent price in Thompsonville, IL, is $1,078.00. Indeed, when looking to rent in Thompsonville, IL, you can expect to pay as little as $580.00 or as much as $2,070.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Thompsonville, 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.
Thompsonville is located in Franklin, Illinois, with an estimated municipal population of 526 residents. All of the best foreclosed homes for sale in Thompsonville are located in the following zip code areas on Foreclosure.com: 62890. The estimated population per square kilometer (.62 miles) in Thompsonville is 100.
So, about how much do homes cost in Thompsonville? The most recent median value of resident-owned homes in Thompsonville is 68,938. An estimated 62.4 percent of households in Thompsonville own their homes, with an average family size of 3.1. The median household income in Thompsonville is 32,604, with4.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Thompsonville, the median commute time of resident workers (in minutes) is 33.5. And last, but certainly not least, are you looking for homes to rent in Thompsonville? If so, the average rent price paid by renters in Thompsonville is 654, 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 Thompsonville, 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 Thompsonville is 40.2, split between 44.8 percent male versus 55.2 female. The percentage of residents who report being married in Thompsonville is 46.1, with an average family size of 3.1.
The percentage of residents who report their race in Thompsonville is as follows:
| White | 96.4% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 3.6% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Thompsonville? Or maybe you are searching for 55+ active adult communities in and/or near Thompsonville?
The percentage of residents who report their age in Thompsonville is as follows:
| Under 10 | 16% |
| Aged 10-19 | 14.3% |
| 20s | 7.8% |
| 30s | 11.5% |
| 40s | 11.1% |
| 50s | 15.6% |
| 60s | 11.1% |
| 70s | 10.9% |
| 80+ | 1.8% |
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 Thompsonville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Thompsonville.
How do you know that living in -- or moving to -- Thompsonville is right where you need to be? Perhaps you grew up in Thompsonville or already live nearby; therefore, the decision to buy a home in Thompsonville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Thompsonville 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 Thompsonville:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Thompsonville.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Thompsonville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Thompsonville, meanwhile, can field multiple offers from more qualified buyers.
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