Scranton, IA Foreclosures
Current Market Conditions in in Scranton, IA As of April 2026?
Over the past month, the real estate market in Scranton has shown signs of increased activity, with more houses being put on the market and quicker sales than observed earlier in the summer. Buyers are actively seeking properties, and there appears to be a stronger engagement from those looking for investment opportunities or first-time homes, indicating a positive shift in perception towards the area's real estate prospects. Additionally, this uptick in interest has started to nudge home prices slightly higher, making it important for buyers to be prepared for competition.
How much do homes sell for in Scranton, IA?
The average home price is currently $185,299.
In Scranton, IA, how many homes are available?
There are currently 16 active home listings available in Scranton.
What’s the average rental cost in Scranton, IA?
The average rental price in Scranton is $1,154.
What is the most expensive home in Scranton?
The most expensive home sold in Scranton had a price of $919,977.
What is currently the cheapest priced home in Scranton, IA?
The cheapest home for sale in Scranton is priced at $11,725.
Living in Scranton, IA
Scranton, Iowa, is a small town rich in community spirit and agricultural heritage. With a peaceful atmosphere and local amenities, it offers a perfect balance of tranquility and accessibility. Families and outdoor enthusiasts will find plenty of recreational opportunities amidst the charming landscape.
Buyer vs Seller Market in Scranton, IA
The real estate market in Scranton has been steadily improving, with a growing interest in homes due to the town's appealing lifestyle. As people seek out quieter living environments, the demand for housing in Scranton has increased, resulting in a modest rise in home prices, particularly for single-family homes. Buyers are particularly drawn to the spacious properties often available in the area, which offer more room for families compared to urban settings.
As of late 2023, homes in Scranton are being sold at a quicker rate than in previous years, indicating a growing interest in the area. Potential buyers are finding value in the affordable pricing that Scranton offers when compared to the costs in nearby larger cities. The consistency in demand suggests a strong and stable market moving forward.
Home Value Estimator For Scranton, IA
There are currently 534 real estate properties
in Scranton, IA,
with a median automated valuation model (AVM) price
of $135,967.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scranton, 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 Scranton, IA,
is $185,299.00, with the most expensive house
in Scranton, IA, topping out
at $919,977.00 and the cheapest home
in Scranton, IA,
clocking in at $11,725.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scranton, IA!
Rent Prices
In Scranton, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scranton, IA, is on
a rollercoaster ride. The
average rent price in Scranton, IA,
is $1,154.00. Indeed, when looking to rent in
Scranton, IA, you can expect to pay as little
as $670.00 or as much
as $1,920.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Scranton, 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.