Foreclosure Homes in Bellevue, IA 52031

Current Market Conditions in Bellevue, IA

Currently, the real estate market in Bellevue is showing signs of steady growth. The demand for housing has increased due to its appeal as a serene riverside community, attracting both families and retirees looking for affordable homes in a tranquil environment. This trend has led to a gradual rise in home prices, with properties selling quickly as they enter the market.

Over the past few months, the market has seen limited inventory, but new constructions and developments are underway to meet the increasing demand. Interest rates have also remained favorable, prompting more buyers to explore their options in Bellevue. As a result, homes that are well-maintained and priced competitively tend to receive multiple offers.

Rent Prices In Bellevue, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bellevue, IA, is on a rollercoaster ride. The average rent price in Bellevue, IA, is $1,338.00. Indeed, when looking to rent in Bellevue, IA, you can expect to pay as little as $800.00 or as much as $2,280.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Bellevue, 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.