Eldon, IA Foreclosures
How much do homes sell for in Eldon, IA?
The average home price is currently $147,875.
In Eldon, IA, how many homes are available?
There are currently 28 active home listings available in Eldon.
What’s the average rental cost in Eldon, IA?
The average rental price in Eldon is $1,095.
What is the most expensive home in Eldon?
The most expensive home sold in Eldon had a price of $3,061,322.
What is currently the cheapest priced home in Eldon, IA?
The cheapest home for sale in Eldon is priced at $10,210.
Living in Eldon, IA
Eldon, Iowa, is a charming small town known for its rich history and strong community spirit. Nestled in Wapello County, the area offers a peaceful environment with close-knit neighborhoods, scenic views, and convenient amenities. Residents enjoy easy access to both outdoor activities and local services, making it a desirable location for families and individuals.
Current Market Conditions in Eldon, IA
The real estate market in Eldon, IA, is currently experiencing moderate growth with an increase in demand for residential properties. Homes are being snapped up relatively quickly, often within weeks of listing, reflecting a competitive market environment. This trend indicates that more families are considering Eldon as an attractive option for homeownership due to its affordability and community vibe.
There has been a noticeable uptick in home renovations and developments, suggesting that current homeowners are investing in their properties. As new families move in, the community is likely to see further enhancements in local amenities and services, contributing to the overall improvement in property values.
Home Value Estimator For Eldon, IA
There are currently 575 real estate properties
in Eldon, IA,
with a median automated valuation model (AVM) price
of $92,980.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Eldon, 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 Eldon, IA,
is $147,875.00, with the most expensive house
in Eldon, IA, topping out
at $3,061,322.00 and the cheapest home
in Eldon, IA,
clocking in at $10,210.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Eldon, IA!
Rent Prices
In Eldon, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Eldon, IA, is on
a rollercoaster ride. The
average rent price in Eldon, IA,
is $1,095.00. Indeed, when looking to rent in
Eldon, IA, you can expect to pay as little
as $650.00 or as much
as $1,900.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Eldon, 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.