Truro, IA Foreclosures
How much do homes sell for in Truro, IA?
The average home price is currently $294,253.
In Truro, IA, how many homes are available?
There are currently 18 active home listings available in Truro.
What’s the average rental cost in Truro, IA?
The average rental price in Truro is $1,539.
What is the most expensive home in Truro?
The most expensive home sold in Truro had a price of $1,701,172.
What is currently the cheapest priced home in Truro, IA?
The cheapest home for sale in Truro is priced at $18,227.
Living in Truro, IA
Truro, Iowa, is a charming small town in Madison County, known for its friendly community and beautiful rural landscapes. With access to local amenities and a strong school district, Truro is an ideal spot for families and individuals seeking a peaceful lifestyle close to nature.
Current Market Conditions in Truro, IA
The real estate market in Truro has shown steady growth, with a moderate increase in home prices over the past few years. The demand for homes has been rising, particularly among families looking for more space away from urban areas amidst the pandemic, leading to more buyers entering the market.
Currently, houses in Truro are selling relatively quickly, indicating a seller's market. The local market has been bolstered by the town's appeal to those seeking a quieter lifestyle, and many homes are experiencing price increases due to limited inventory.
Home Value Estimator For Truro, IA
There are currently 465 real estate properties
in Truro, IA,
with a median automated valuation model (AVM) price
of $248,689.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Truro, 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 Truro, IA,
is $294,253.00, with the most expensive house
in Truro, IA, topping out
at $1,701,172.00 and the cheapest home
in Truro, IA,
clocking in at $18,227.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Truro, IA!
Rent Prices
In Truro, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Truro, IA, is on
a rollercoaster ride. The
average rent price in Truro, IA,
is $1,539.00. Indeed, when looking to rent in
Truro, IA, you can expect to pay as little
as $870.00 or as much
as $2,270.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Truro, 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.
Learn more on Foreclosure homes
