Burt, IA Foreclosures
How much do homes sell for in Burt, IA?
The average home price is currently $158,020.
In Burt, IA, how many homes are available?
There are currently 1 active home listings available in Burt.
What’s the average rental cost in Burt, IA?
The average rental price in Burt is $1,026.
What is the most expensive home in Burt?
The most expensive home sold in Burt had a price of $1,981,812.
What is currently the cheapest priced home in Burt, IA?
The cheapest home for sale in Burt is priced at $11,350.
Living in Burt, IA
Burt, IA is a quaint rural town with a strong sense of community, providing a peaceful lifestyle surrounded by natural beauty. With a small population and limited amenities, it serves as an ideal location for those who prefer small-town living and close-knit community vibes. Education is supported by the local Algona Community School District, making it suitable for families.
Current Market Conditions in Burt, IA
The real estate market in Burt, IA has remained stable over the past year, characterized by a moderate demand for homes due to its affordability and appeal to families and retirees. Average home prices are relatively low compared to urban areas, attracting buyers looking for a peaceful lifestyle without the hustle and bustle of city living. The market is poised for gradual growth as more people seek out these smaller communities during the post-pandemic era.
As of late 2023, the market has seen slight appreciation in home values, reflecting rising interest in rural living and a limited inventory of homes for sale in Burt. The town's affordable pricing continues to attract first-time buyers, particularly from nearby urban areas looking for more spacious living options at lower costs.
Home Value Estimator For Burt, IA
There are currently 384 real estate properties
in Burt, IA,
with a median automated valuation model (AVM) price
of $108,578.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Burt, 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 Burt, IA,
is $158,020.00, with the most expensive house
in Burt, IA, topping out
at $1,981,812.00 and the cheapest home
in Burt, IA,
clocking in at $11,350.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Burt, IA!
Rent Prices
In Burt, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Burt, IA, is on
a rollercoaster ride. The
average rent price in Burt, IA,
is $1,026.00. Indeed, when looking to rent in
Burt, IA, you can expect to pay as little
as $620.00 or as much
as $2,070.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Burt, 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
