Foreclosure Homes in Marengo, IA

Current Market Conditions in Marengo, IA

The real estate market in Marengo has shown resilience in recent years, with home values gradually increasing due to the town's appeal as a livable community. New construction and renovations are becoming more common, reflecting the demand for housing as more people seek out this quiet town. Generally, homes sell at a stable pace, with increasing interest from first-time buyers.

Rent Prices In Marengo, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marengo, IA, is on a rollercoaster ride. The average rent price in Marengo, IA, is $1,266.00. Indeed, when looking to rent in Marengo, IA, you can expect to pay as little as $740.00 or as much as $2,080.00, 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 Marengo, 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.