With inventory so tight in Sycamore, there are not many listings out there under $100k at the moment. Currently, there are five properties that fit this criteria with one being under contract.
Investors have been aggressively buying properties in this price range and it's been tough for first time home buyers or people looking to down size to find properties at this price point.
Prices have risen so much that it has pushed a lot of homes over the $100k mark. The median price three years ago was $142,000 and now it's $187,000.
Foreclosures are no longer a large part of the market either, making it more difficult for investors to find distressed properties.