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Foreclosure Homes in Algona, IA 50511

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Algona, IA Foreclosures

Current Market Conditions in in Algona, IA As of April 2026?
The past month has seen a slight increase in real estate activity in Algona, as more homes have been listed for sale and buyers are actively looking for value in this community. Prices have remained stable, with some homes experiencing a modest uptick, reflecting growing interest in the area amidst favorable market conditions. This trend indicates a healthy demand, as several properties have received multiple offers, illustrating the appeal of Algona as a desirable place to live.
How much do homes sell for in Algona, IA?
The average home price is currently $224,475.
In Algona, IA, how many homes are available?
There are currently 61 active home listings available in Algona.
What’s the average rental cost in Algona, IA?
The average rental price in Algona is $1,236.
What is the most expensive home in Algona?
The most expensive home sold in Algona had a price of $7,628,979.
What is currently the cheapest priced home in Algona, IA?
The cheapest home for sale in Algona is priced at $10,860.

Living in Algona, IA

Algona, IA, is a welcoming small town with a strong community spirit and a blend of rural and suburban amenities. With various local shops, parks, and educational facilities, Algona is an excellent place for families looking for a friendly and engaging environment.

Buyer vs Seller Market in Algona, IA

The real estate market in Algona has shown steady growth over the past few years, with increasing demand for housing options as more people discover the charms of small-town living. The market offers a range of properties, from affordable starter homes to larger family residences, catering to various buyer needs and preferences.

Algona's market remains competitive but accessible, making it an attractive destination for first-time buyers and investors alike. Buyers can expect reasonable home prices that reflect the area's historical stability and appeal.

Home Value Estimator For Algona, IA

There are currently 3,391 real estate properties in Algona, IA, with a median automated valuation model (AVM) price of $162,254.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Algona, 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 Algona, IA, is $224,475.00, with the most expensive house in Algona, IA, topping out at $7,628,979.00 and the cheapest home in Algona, IA, clocking in at $10,860.00. In other words, there’s something for every potential homebuyer or savvy investor in Algona, IA!

Rent Prices In Algona, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Algona, IA, is on a rollercoaster ride. The average rent price in Algona, IA, is $1,236.00. Indeed, when looking to rent in Algona, IA, you can expect to pay as little as $580.00 or as much as $2,280.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Algona, 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.

Algona, IA 50511 Foreclosures

Market Trend for Algona, IA

Total Listings Available: 61

Market Values:

Home Prices from $10,860 to $7,628,979

Average Sales Price: $224,475

Rental Values:

Rental from $580 to $2,280

Average Rent Value: $1,236 / month

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