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Foreclosure Homes in Elberon, IA

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Elberon, IA Foreclosures

How much do homes sell for in Elberon, IA?
The average home price is currently $225,963.
In Elberon, IA, how many homes are available?
There are currently 7 active home listings available in Elberon.
What’s the average rental cost in Elberon, IA?
The average rental price in Elberon is $1,165.
What is the most expensive home in Elberon?
The most expensive home sold in Elberon had a price of $1,131,445.
What is currently the cheapest priced home in Elberon, IA?
The cheapest home for sale in Elberon is priced at $38,130.

Living in Elberon, IA

Elberon, a small town in Iowa, offers a quaint, tight-knit community atmosphere with a rich agricultural heritage. Residents enjoy a slower pace of life with ample outdoor spaces and community events, fostering strong neighborhood relationships. It’s an ideal location for those seeking a peaceful lifestyle while still having access to essential amenities.

Current Market Conditions in Elberon, IA

The real estate market in Elberon is currently stable, showing a gradual increase in demand for homes as more people seek a peaceful retreat from urban living. The affordability of property compared to nearby larger towns draws buyers looking for investments or personal homes in a friendly community.

Recent trends indicate a mild appreciation in property values, driven by the limited inventory of homes available for sale. This trend suggests that Elberon may become an emerging market for buyers who want to invest in rural properties, with opportunities for renovations and growth in value.

Home Value Estimator For Elberon, IA

There are currently 179 real estate properties in Elberon, IA, with a median automated valuation model (AVM) price of $197,532.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elberon, 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 Elberon, IA, is $225,963.00, with the most expensive house in Elberon, IA, topping out at $1,131,445.00 and the cheapest home in Elberon, IA, clocking in at $38,130.00. In other words, there’s something for every potential homebuyer or savvy investor in Elberon, IA!

Rent Prices In Elberon, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elberon, IA, is on a rollercoaster ride. The average rent price in Elberon, IA, is $1,165.00. Indeed, when looking to rent in Elberon, IA, you can expect to pay as little as $710.00 or as much as $2,050.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Elberon, 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.

Elberon, IA Foreclosures

Market Trend for Elberon, IA

Total Listings Available: 7

Market Values:

Home Prices from $38,130 to $1,131,445

Average Sales Price: $225,963

Rental Values:

Rental from $710 to $2,050

Average Rent Value: $1,165 / month

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