Bankruptcy Homes in Troy Grove, IL

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View this home at W Ottawa St Troy Grove IL 61372
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Home Value Estimator For Troy Grove, IL

There are currently 24 real estate properties in Troy Grove, IL, with a median automated valuation model (AVM) price of $123,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Troy Grove, 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 Troy Grove, IL, is $128,100.00, with the most expensive house in Troy Grove, IL, topping out at $181,200.00 and the cheapest home in Troy Grove, IL, clocking in at $75,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Troy Grove, IL!

Rent Prices In Troy Grove, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Troy Grove, IL, is on a rollercoaster ride. The average rent price in Troy Grove, IL, is $963.00. Indeed, when looking to rent in Troy Grove, IL, you can expect to pay as little as $740.00 or as much as $1,270.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Troy Grove, 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.

Foreclosure Homes in Troy Grove, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Troy Grove, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Troy Grove, IL and much more. Save thousands at closing with home foreclosure listings in Troy Grove, IL — up to 75% off market value!

Top Reasons To Live In Troy Grove, IL In 2023

Troy Grove is located in LaSalle, Illinois, with an estimated municipal population of 238 residents. All of the best foreclosed homes for sale in Troy Grove are located in the following zip code areas on 61372 61373 61342. The estimated population per square kilometer (.62 miles) in Troy Grove is 133.

Cost Of Living In Troy Grove, IL

So, about how much do homes cost in Troy Grove? The most recent median value of resident-owned homes in Troy Grove is 140,077. An estimated 80 percent of households in Troy Grove own their homes, with an average family size of 2.87. The median household income in Troy Grove is 63,750, with24.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Troy Grove, the median commute time of resident workers (in minutes) is 34.6. And last, but certainly not least, are you looking for homes to rent in Troy Grove? If so, the average rent price paid by renters in Troy Grove is 655, according to recent statistics.

Diversity And Demographics In Troy Grove, 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 Troy Grove, 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 Troy Grove is 45.8, split between 50.6 percent male versus 49.4 female. The percentage of residents who report being married in Troy Grove is 58.1, with an average family size of 2.87.

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

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 10.4%
Aged 10-19 15.6%
20s 11.7%
30s 9.1%
40s 10%
50s 25.1%
60s 13%
70s 3%
80+ 2.2%

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

Pros And Cons Of Living In Troy Grove, Illinois

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

  • 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 Troy Grove.

Reasons To Move To Troy Grove, Illinois, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Troy Grove can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Troy Grove, meanwhile, can field multiple offers from more qualified buyers.

Troy Grove, IL Bankruptcy Homes


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