Ringwood First-Time Homebuyer Report for October

With 836 residents, Ringwood is an average-sized city in Illinois. Also, with a 30.4% increase over the last 10 years, its population is growing faster than other parts of the state. Homes in Ringwood are relatively old with a median age of 26 years. Topping the list of best schools in the city is Ringwood School Primary Center.

Price Range

The median value of homes in Ringwood is $247,000, making it one of the most valuable areas in Illinois. At the same time, the average list price of available homes is presently $280,599. Typically, Ringwood accounts for 0.9 sales per month. This time sellers weren't able to find buyers for their properties, resulting in another 30 day period of no sales.

Make sure you take a look at these eye-catching homes in Ringwood that generated the most views from potential buyers:

$475K   $312K   $439K  

Typical Dwelling

The typical dwelling in Ringwood is a four-bedroom detached home worth about $301,814. To purchase a similar home, a buyer with good credit and a $60,363 cash down payment could obtain a mortgage with a 3.95% interest rate and a $265 monthly payment. The property tax rate is $19.70 per $1,000 of taxable assessed value.

Get started right now by checking out Ringwood homes for sale or reviewing Ringwood real estate trends.


Data reported through 10/13/2016

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