Ridgeway, IA Foreclosures
How much do homes sell for in Ridgeway, IA?
The average home price is currently $288,662.
In Ridgeway, IA, how many homes are available?
There are currently 2 active home listings available in Ridgeway.
What’s the average rental cost in Ridgeway, IA?
The average rental price in Ridgeway is $1,405.
What is the most expensive home in Ridgeway?
The most expensive home sold in Ridgeway had a price of $1,014,882.
What is currently the cheapest priced home in Ridgeway, IA?
The cheapest home for sale in Ridgeway is priced at $16,654.
Living in Ridgeway, IA
Ridgeway, Iowa, a small town nestled in the heart of the Midwest, is characterized by its welcoming community and a strong sense of local pride. With picturesque landscapes and a close-knit atmosphere, residents enjoy a laid-back lifestyle in a serene environment. The town offers access to outdoor activities and is known for its friendly neighborhoods and family-oriented values.
Current Market Conditions in Ridgeway, IA
Currently, the real estate market in Ridgeway is seeing a steady increase in demand, with home values appreciating gradually. Buyers are drawn to the area for its affordability compared to larger metropolitan areas, and as a result, homes are selling at a faster pace. The market is characterized by a mix of quaint single-family homes and larger rural properties, catering to families and retirees alike. Investors are also beginning to explore opportunities as the area becomes more attractive for relocation.
Trends indicate that younger families are moving into Ridgeway, attracted by the community's unique charm and the benefits of small-town living. This shift is influencing new construction projects and renovations of existing homes, thereby offering diverse options for prospective buyers.
Home Value Estimator For Ridgeway, IA
There are currently 397 real estate properties
in Ridgeway, IA,
with a median automated valuation model (AVM) price
of $260,570.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ridgeway, 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 Ridgeway, IA,
is $288,662.00, with the most expensive house
in Ridgeway, IA, topping out
at $1,014,882.00 and the cheapest home
in Ridgeway, IA,
clocking in at $16,654.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ridgeway, IA!
Rent Prices
In Ridgeway, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ridgeway, IA, is on
a rollercoaster ride. The
average rent price in Ridgeway, IA,
is $1,405.00. Indeed, when looking to rent in
Ridgeway, IA, you can expect to pay as little
as $760.00 or as much
as $2,160.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Ridgeway, 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.