Cedar, IA Foreclosures
How much do homes sell for in Cedar, IA?
The average home price is currently $252,353.
In Cedar, IA, how many homes are available?
There are currently 79 active home listings available in Cedar.
What’s the average rental cost in Cedar, IA?
The average rental price in Cedar is $1,287.
What is the most expensive home in Cedar?
The most expensive home sold in Cedar had a price of $575,595.
What is currently the cheapest priced home in Cedar, IA?
The cheapest home for sale in Cedar is priced at $62,278.
Living in Cedar, IA
Cedar, Iowa is a quaint town known for its friendly community, beautiful parks, and access to outdoor recreational activities. With strong local schools and a supportive environment for families, Cedar provides a tranquil place to call home. Residents can enjoy small-town charm while being close to larger cities for additional amenities.
Current Market Conditions in Cedar, IA
The real estate market in Cedar, IA has shown steady growth, with property values gradually increasing over the past few years. The demand for homes is fueled by the area's appealing lifestyle and affordability, attracting both first-time homebuyers and retirees seeking a peaceful community. Current trends indicate a healthy mix of single-family homes, townhouses, and a few new developments that cater to diverse needs.
Current data shows that homes in Cedar are selling quickly, often within a few weeks of listing, as buyers are drawn to the surrounding amenities and low cost of living. The market is characterized by relatively low inventory, which contributes to increased competition among buyers.
Investors are also looking into Cedar as a potential market for rental properties due to the stable local economy and influx of new residents seeking affordable housing.
Home Value Estimator For Cedar, IA
There are currently 106 real estate properties
in Cedar, IA,
with a median automated valuation model (AVM) price
of $233,800.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cedar, 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 Cedar, IA,
is $252,353.00, with the most expensive house
in Cedar, IA, topping out
at $575,595.00 and the cheapest home
in Cedar, IA,
clocking in at $62,278.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cedar, IA!
Rent Prices
In Cedar, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cedar, IA, is on
a rollercoaster ride. The
average rent price in Cedar, IA,
is $1,287.00. Indeed, when looking to rent in
Cedar, IA, you can expect to pay as little
as $860.00 or as much
as $1,700.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Cedar, 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
