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Cheap Homes in Elk Horn, IA

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Elk Horn, IA Foreclosures

How much do homes sell for in Elk Horn, IA?
The average home price is currently $235,961.
In Elk Horn, IA, how many homes are available?
There are currently 1 active home listings available in Elk Horn.
What’s the average rental cost in Elk Horn, IA?
The average rental price in Elk Horn is $1,223.
What is the most expensive home in Elk Horn?
The most expensive home sold in Elk Horn had a price of $6,548,167.
What is currently the cheapest priced home in Elk Horn, IA?
The cheapest home for sale in Elk Horn is priced at $12,610.

Living in Elk Horn, IA

Elk Horn, IA is a quaint town with rich Danish roots and a welcoming community vibe. It offers a peaceful lifestyle surrounded by beautiful farmland, with convenient access to necessary amenities and outdoor activities. Its proximity to larger urban areas gives residents the best of both worlds: a small-town feel with modern convenience.

Current Market Conditions in Elk Horn, IA

The real estate market in Elk Horn is relatively stable, with a mix of residential properties available for families and individuals looking for an affordable place to live. The historical nature of the town and its heritage contribute to a steady demand for homes in the area.

Recent trends indicate a slight increase in property values as more people seek charming rural communities and the lifestyle they offer. Inventory levels remain balanced, with a good mix of older homes and new constructions appealing to various buyers.

Home Value Estimator For Elk Horn, IA

There are currently 403 real estate properties in Elk Horn, IA, with a median automated valuation model (AVM) price of $173,989.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elk Horn, 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 Elk Horn, IA, is $235,961.00, with the most expensive house in Elk Horn, IA, topping out at $6,548,167.00 and the cheapest home in Elk Horn, IA, clocking in at $12,610.00. In other words, there’s something for every potential homebuyer or savvy investor in Elk Horn, IA!

Rent Prices In Elk Horn, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elk Horn, IA, is on a rollercoaster ride. The average rent price in Elk Horn, IA, is $1,223.00. Indeed, when looking to rent in Elk Horn, IA, you can expect to pay as little as $640.00 or as much as $2,100.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Elk Horn, 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.

Cheap Homes in Elk Horn, IA

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