As we go into the fall season you may want to know what the housing market has done this spring and summer in Earlville, Illinois. There have been 10 homes enter into contract since March. These numbers have been calculated from the information available through the MLS of Northern Illinois. Since Earlville is a cross market these numbers may not be complete. There are two other MLSs that serve the Earlville community. The Illini Valley board and the Lee/Dekalb county boards may also have information.
As for the numbers from the MLSNI $1.84 million dollars of real estate have closed. The lowest priced home was $124,900 and the most expensive home was $415,000. The average price of a home was $183,500. There were 8 homes that sold for under $200,000 which makes Earlville an excellent value for affordability in the Chicago metro area and throughout the U.S.
This is an excellent time to purchase a home and with a 700 FICA score interest rates are at 6.5%. The average mortgage in Earlville would be under $1200 and well below most rentals in the area based on 3 bedrooms and 1.1 baths. Consider tax savings and this makes owning a home very attractive.
If you want a list of homes in Earlville contact me and I will see to it that you receive an up to date list. There is a new home coming on the market tonight for under $150 k call to see it tomorrow.
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