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Preforeclosure Homes in Nora Springs, IA

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Nora Springs, IA Foreclosures

How much do homes sell for in Nora Springs, IA?
The average home price is currently $208,812.
In Nora Springs, IA, how many homes are available?
There are currently 1 active home listings available in Nora Springs.
What’s the average rental cost in Nora Springs, IA?
The average rental price in Nora Springs is $1,265.
What is the most expensive home in Nora Springs?
The most expensive home sold in Nora Springs had a price of $1,251,893.
What is currently the cheapest priced home in Nora Springs, IA?
The cheapest home for sale in Nora Springs is priced at $11,648.

Living in Nora Springs, IA

Nora Springs, IA is a quaint town that offers a wonderful mix of rural charm and community living. Residents enjoy access to various parks, local businesses, and schools that cater to family needs. With an affordable cost of living, Nora Springs provides an idyllic setting for anyone looking for a peaceful lifestyle.

Current Market Conditions in Nora Springs, IA

The real estate market in Nora Springs is currently experiencing a slight increase in home prices, as demand remains consistent among buyers looking for affordable housing options. Properties are relatively affordable compared to surrounding areas, making it an attractive market for first-time homebuyers and investors alike.

Recently, there has been a notable rise in interest in Nora Springs due to its community spirit and affordable living. As remote work continues to be prominent, buyers seeking more space and tranquility are looking to Nora Springs, contributing to stable market conditions.

Home Value Estimator For Nora Springs, IA

There are currently 745 real estate properties in Nora Springs, IA, with a median automated valuation model (AVM) price of $177,008.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nora Springs, IA, 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 Nora Springs, IA, is $208,812.00, with the most expensive house in Nora Springs, IA, topping out at $1,251,893.00 and the cheapest home in Nora Springs, IA, clocking in at $11,648.00. In other words, there’s something for every potential homebuyer or savvy investor in Nora Springs, IA!

Rent Prices In Nora Springs, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nora Springs, IA, is on a rollercoaster ride. The average rent price in Nora Springs, IA, is $1,265.00. Indeed, when looking to rent in Nora Springs, IA, you can expect to pay as little as $750.00 or as much as $2,070.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Nora Springs, IA -- 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.

Nora Springs, IA Preforeclosure Homes


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