Correctionville, IA Foreclosures
How much do homes sell for in Correctionville, IA?
The average home price is currently $198,639.
In Correctionville, IA, how many homes are available?
There are currently 54 active home listings available in Correctionville.
What’s the average rental cost in Correctionville, IA?
The average rental price in Correctionville is $1,095.
What is the most expensive home in Correctionville?
The most expensive home sold in Correctionville had a price of $1,156,849.
What is currently the cheapest priced home in Correctionville, IA?
The cheapest home for sale in Correctionville is priced at $12,257.
Living in Correctionville, IA
Correctionville, located in Iowa’s picturesque Woodbury County, offers a quaint and friendly atmosphere perfect for families. The town features essential amenities including local shops and schools while providing access to beautiful parks and outdoor activities. With a strong sense of community, Correctionville is an ideal place for those looking for a peaceful lifestyle in a rural setting.
Current Market Conditions in Correctionville, IA
The real estate market in Correctionville has shown stability over the last year, with a modest increase in property values as more families seek refuge in smaller towns for their accessibility and affordability. Homes in the area generally attract buyers looking for a tranquil lifestyle while still being close enough to the amenities of larger cities. Interest in these homes is driven primarily by individuals and families aiming for a lower cost of living and a safe environment.
As of this month, the market has continued to reflect a buyer's market with some properties lasting longer on the market. However, there are still competitive offers being placed on listings, particularly those that are well-maintained and priced appropriately. The ongoing trend suggests that while the number of homes available for sale has slightly increased, motivated buyers are actively seeking homes, especially those in good condition.
Home Value Estimator For Correctionville, IA
There are currently 656 real estate properties
in Correctionville, IA,
with a median automated valuation model (AVM) price
of $150,918.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Correctionville, 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 Correctionville, IA,
is $198,639.00, with the most expensive house
in Correctionville, IA, topping out
at $1,156,849.00 and the cheapest home
in Correctionville, IA,
clocking in at $12,257.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Correctionville, IA!
Rent Prices
In Correctionville, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Correctionville, IA, is on
a rollercoaster ride. The
average rent price in Correctionville, IA,
is $1,095.00. Indeed, when looking to rent in
Correctionville, IA, you can expect to pay as little
as $610.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Correctionville, 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
