Foreclosures in Viola, IL

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View this home at 18th Ave Viola IL 61486
$167,904 EMV
4 View this home at 13th St Viola IL 61486
$116,787 EMV

2 Bed | 1.5 Bath | 1,806 Sq. Ft.

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Home Value Estimator For Viola, IL

There are currently 12 real estate properties in Viola, IL, with a median automated valuation model (AVM) price of $152,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Viola, 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 Viola, IL, is $177,200.00, with the most expensive house in Viola, IL, topping out at $450,000.00 and the cheapest home in Viola, IL, clocking in at $51,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Viola, IL!

Rent Prices In Viola, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Viola, IL, is on a rollercoaster ride. The average rent price in Viola, IL, is $1,213.00. Indeed, when looking to rent in Viola, IL, you can expect to pay as little as $570.00 or as much as $1,880.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Viola, 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 Viola, IL

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

Top Reasons To Live In Viola, IL In 2023

Viola is located in Mercer, Illinois, with an estimated municipal population of 888 residents. All of the best foreclosed homes for sale in Viola are located in the following zip code areas on 61486. The estimated population per square kilometer (.62 miles) in Viola is 409.

Cost Of Living In Viola, IL

So, about how much do homes cost in Viola? The most recent median value of resident-owned homes in Viola is 95,770. An estimated 83.7 percent of households in Viola own their homes, with an average family size of 3.18. The median household income in Viola is 62,917, with31.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Viola, the median commute time of resident workers (in minutes) is 24. And last, but certainly not least, are you looking for homes to rent in Viola? If so, the average rent price paid by renters in Viola is 625, according to recent statistics.

Diversity And Demographics In Viola, 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 Viola, 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 Viola is 36.5, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Viola is 61, with an average family size of 3.18.

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

White 95.3%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.7%
Other 0.9%

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

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

Under 10 14.8%
Aged 10-19 14.2%
20s 8.9%
30s 17.2%
40s 8.1%
50s 15.4%
60s 8%
70s 9.5%
80+ 3.9%

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

Pros And Cons Of Living In Viola, Illinois

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

  • 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 Viola.

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

Viola, IL Foreclosures


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