Living in Delmar, IA
Delmar, IA, is a quaint community offering a serene lifestyle surrounded by beautiful rural landscapes. With a strong sense of community and various outdoor activities available, it appeals to families and individuals looking for a peaceful retreat. The town provides a range of amenities, making it a convenient and attractive place to live.
Current Market Conditions in Delmar, IA
The real estate market in Delmar, IA, is currently experiencing moderate growth, characterized by an increase in home values and a steady demand for housing. The community's appeal is heightened by its low cost of living and comfortable lifestyle, attracting new residents and encouraging potential buyers to explore the area.
As the market evolves, an influx of young families and retirees alike is creating a balanced demand for both starter homes and more spacious properties. The market remains competitive, with homes being listed and sold more quickly due to the appealing local amenities and charming environment.
Home Value Estimator For Delmar, IA
There are currently 479 real estate properties
in Delmar, IA,
with a median automated valuation model (AVM) price
of $188,955.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Delmar, 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 Delmar, IA,
is $231,605.00, with the most expensive house
in Delmar, IA, topping out
at $1,346,000.00 and the cheapest home
in Delmar, IA,
clocking in at $16,949.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Delmar, IA!
Rent Prices
In Delmar, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Delmar, IA, is on
a rollercoaster ride. The
average rent price in Delmar, IA,
is $1,338.00. Indeed, when looking to rent in
Delmar, IA, you can expect to pay as little
as $800.00 or as much
as $2,070.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Delmar, 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.