Homestead, IA Foreclosures
How much do homes sell for in Homestead, IA?
The average home price is currently $324,493.
What’s the average rental cost in Homestead, IA?
The average rental price in Homestead is $1,561.
What is the most expensive home in Homestead?
The most expensive home sold in Homestead had a price of $1,214,000.
What is currently the cheapest priced home in Homestead, IA?
The cheapest home for sale in Homestead is priced at $52,102.
Living in Homestead, IA
Homestead, IA, is a charming small town that offers a peaceful lifestyle with strong community ties. The area is characterized by scenic landscapes, local amenities, and good educational options for families. With convenient transportation and reliable internet, it’s an attractive destination for real estate investment.
Current Market Conditions in Homestead, IA
The real estate market in Homestead is stable, with moderate price growth in recent years. As more people seek suburban living, interest in properties within the town has increased, leading to a gradual rise in home values. Investors can expect steady appreciation over time as the town continues to grow while retaining its charm.
Currently, the demand for homes in Homestead exceeds the supply, leading to competitive conditions for buyers. Many homes are sold quickly, and investors are finding good opportunities, particularly in family-friendly neighborhoods. However, investors should always conduct thorough research before making commitments, as prices can vary significantly.
Home Value Estimator For Homestead, IA
There are currently 216 real estate properties
in Homestead, IA,
with a median automated valuation model (AVM) price
of $290,930.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Homestead, 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 Homestead, IA,
is $324,493.00, with the most expensive house
in Homestead, IA, topping out
at $1,214,000.00 and the cheapest home
in Homestead, IA,
clocking in at $52,102.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Homestead, IA!
Rent Prices
In Homestead, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Homestead, IA, is on
a rollercoaster ride. The
average rent price in Homestead, IA,
is $1,561.00. Indeed, when looking to rent in
Homestead, IA, you can expect to pay as little
as $810.00 or as much
as $2,370.00,
with the average rent median estimated to
be $1,560.00. The good news is that finding
an affordable and desirable property to rent in Homestead, 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.