Davis City, IA Foreclosures
How much do homes sell for in Davis City, IA?
The average home price is currently $170,497.
What’s the average rental cost in Davis City, IA?
The average rental price in Davis City is $888.
What is the most expensive home in Davis City?
The most expensive home sold in Davis City had a price of $725,045.
What is currently the cheapest priced home in Davis City, IA?
The cheapest home for sale in Davis City is priced at $10,646.
Living in Davis City, IA
Davis City is a quaint and serene community located in southern Iowa, known for its friendly atmosphere and picturesque landscapes. This small town offers a peaceful lifestyle, making it an ideal place for families and retirees alike. With its close-knit community and accessibility to outdoor activities, residents enjoy a tranquil yet engaging environment.
Current Market Conditions in Davis City, IA
Davis City is experiencing a steady real estate market, with a consistent interest from both homebuyers and investors. The demand for homes in rural Iowa has been rising, as people seek larger living spaces and the charm of small-town life. Properties are selling relatively quickly, reflecting the area's appeal to individuals and families looking to escape urban environments.
Over the past year, the market has seen slight increases in home prices due to limited inventory and higher demand. Sellers are enjoying favorable conditions as the number of active listings remains relatively low, resulting in competitive bids for homes in the area.
Home Value Estimator For Davis City, IA
There are currently 228 real estate properties
in Davis City, IA,
with a median automated valuation model (AVM) price
of $123,025.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Davis City, 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 Davis City, IA,
is $170,497.00, with the most expensive house
in Davis City, IA, topping out
at $725,045.00 and the cheapest home
in Davis City, IA,
clocking in at $10,646.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Davis City, IA!
Rent Prices
In Davis City, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Davis City, IA, is on
a rollercoaster ride. The
average rent price in Davis City, IA,
is $888.00. Indeed, when looking to rent in
Davis City, IA, you can expect to pay as little
as $550.00 or as much
as $1,340.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Davis City, 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
