Defiance, IA Foreclosures
How much do homes sell for in Defiance, IA?
The average home price is currently $236,670.
What’s the average rental cost in Defiance, IA?
The average rental price in Defiance is $1,243.
What is the most expensive home in Defiance?
The most expensive home sold in Defiance had a price of $750,794.
What is currently the cheapest priced home in Defiance, IA?
The cheapest home for sale in Defiance is priced at $21,483.
Living in Defiance, IA
Defiance, Iowa is a quaint community that offers a serene rural lifestyle paired with local amenities and a strong sense of community. Its picturesque landscapes and friendly residents create an inviting atmosphere for families and individuals alike. With a focus on education and outdoor activities, Defiance is an ideal place for those who appreciate a slower pace of life.
Current Market Conditions in Defiance, IA
The real estate market in Defiance has remained relatively stable over the past year, with a steady number of home sales and consistent pricing trends. Demand for homes has slightly increased as more people are seeking the tranquility of small-town living post-pandemic.
Investors and first-time buyers are drawn to the affordable housing market here, which offers competitive prices compared to neighboring towns. With limited new developments, inventory remains low, creating opportunities for buyers willing to invest in homes that may need renovations.
Home Value Estimator For Defiance, IA
There are currently 215 real estate properties
in Defiance, IA,
with a median automated valuation model (AVM) price
of $196,182.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Defiance, 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 Defiance, IA,
is $236,670.00, with the most expensive house
in Defiance, IA, topping out
at $750,794.00 and the cheapest home
in Defiance, IA,
clocking in at $21,483.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Defiance, IA!
Rent Prices
In Defiance, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Defiance, IA, is on
a rollercoaster ride. The
average rent price in Defiance, IA,
is $1,243.00. Indeed, when looking to rent in
Defiance, IA, you can expect to pay as little
as $770.00 or as much
as $2,080.00,
with the average rent median estimated to
be $1,230.00. The good news is that finding
an affordable and desirable property to rent in Defiance, 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.