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Land Foreclosures in Algona, IA

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Algona, IA Foreclosures

How much do homes sell for in Algona, IA?
The average home price is currently $214,721.
What’s the average rental cost in Algona, IA?
The average rental price in Algona is $1,235.
What is the most expensive home in Algona?
The most expensive home sold in Algona had a price of $5,772,580.
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 small, vibrant town known for its community spirit, rich history, and educational opportunities. It boasts beautiful parks, outdoor activities, and a welcoming atmosphere for families and individuals alike. Whether you enjoy local events or outdoor adventures, Algona has something for everyone.

Current Market Conditions in Algona, IA

The real estate market in Algona, IA, has been experiencing steady growth, with an increase in demand for single-family homes. This trend can be attributed to the town's attractive lifestyle, affordability compared to larger urban areas, and a growing population seeking a close-knit community. Investors may find good opportunities here due to the increasing interest in the local housing market.

Investing in Algona presents a compelling case, as home prices are generally affordable, making it an appealing option for first-time homebuyers and investors alike. The lack of extensive new construction means that older homes often come with character and charm, providing potential for renovations and value increases.

Home Value Estimator For Algona, IA

There are currently 3,199 real estate properties in Algona, IA, with a median automated valuation model (AVM) price of $165,267.00. 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 $214,721.00, with the most expensive house in Algona, IA, topping out at $5,772,580.00 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 $1,235.00. 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 Land


Market Trend for Algona, IA

Total Listings Available: 0

Market Values:

Home Prices from $10,860 to $5,772,580

Average Sales Price: $214,721

Rental Values:

Rental from $580 to $2,280

Average Rent Value: $1,235 / month

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