Living in Denmark, IA
Denmark, Iowa is a charming small town in Lee County that offers residents a tranquil rural lifestyle surrounded by nature. With a strong community spirit, affordable living options, and access to outdoor recreation, it is perfect for families and retirees alike. Enjoy the peaceful atmosphere and friendly neighbors that Denmark has to offer.
Current Market Conditions in Denmark, IA
The real estate market in Denmark, IA, remains stable with some signs of growth as families seek affordable housing options. Home prices are generally lower than in more urban areas, making it appealing for first-time buyers and retirees looking for a peaceful community to settle down in.
There has been a steady increase in interest for homes in Denmark over the last few months, with a balanced supply of available properties and a fair demand. The market does not show signs of overheating, preserving affordability for the community.
Home Value Estimator For Denmark, IA
There are currently 97 real estate properties
in Denmark, IA,
with a median automated valuation model (AVM) price
of $132,567.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Denmark, 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 Denmark, IA,
is $141,710.00, with the most expensive house
in Denmark, IA, topping out
at $328,750.00 and the cheapest home
in Denmark, IA,
clocking in at $15,060.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Denmark, IA!
Rent Prices
In Denmark, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Denmark, IA, is on
a rollercoaster ride. The
average rent price in Denmark, IA,
is $1,040.00. Indeed, when looking to rent in
Denmark, IA, you can expect to pay as little
as $730.00 or as much
as $1,400.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Denmark, 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.
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