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Foreclosure Homes in Fairbank, IA

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Fairbank, IA Foreclosures

How much do homes sell for in Fairbank, IA?
The average home price is currently $293,219.
In Fairbank, IA, how many homes are available?
There are currently 8 active home listings available in Fairbank.
What’s the average rental cost in Fairbank, IA?
The average rental price in Fairbank is $1,368.
What is the most expensive home in Fairbank?
The most expensive home sold in Fairbank had a price of $6,042,829.
What is currently the cheapest priced home in Fairbank, IA?
The cheapest home for sale in Fairbank is priced at $15,591.

Living in Fairbank, IA

Fairbank, Iowa, is a quaint small town known for its friendly community and beautiful rural scenery. It provides a peaceful lifestyle while being just a short drive from larger cities for shopping and entertainment. Ideal for families and those seeking a slower pace of life, Fairbank offers various outdoor recreation options and local events.

Current Market Conditions in Fairbank, IA

The Fairbank real estate market has shown stability over the past year, with a steady demand for single-family homes. The affordability of housing in this region continues to attract first-time buyers and families looking for a quieter lifestyle.

Current market trends indicate an increasing interest in homes with larger yards and outdoor space, reflecting a shift towards suburban living driven by remote work capabilities.

Home Value Estimator For Fairbank, IA

There are currently 967 real estate properties in Fairbank, IA, with a median automated valuation model (AVM) price of $248,177.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairbank, 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 Fairbank, IA, is $293,219.00, with the most expensive house in Fairbank, IA, topping out at $6,042,829.00 and the cheapest home in Fairbank, IA, clocking in at $15,591.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairbank, IA!

Rent Prices In Fairbank, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairbank, IA, is on a rollercoaster ride. The average rent price in Fairbank, IA, is $1,368.00. Indeed, when looking to rent in Fairbank, IA, you can expect to pay as little as $620.00 or as much as $2,020.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Fairbank, 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.

Fairbank, IA Foreclosures

Market Trend for Fairbank, IA

Total Listings Available: 8

Market Values:

Home Prices from $15,591 to $6,042,829

Average Sales Price: $293,219

Rental Values:

Rental from $620 to $2,020

Average Rent Value: $1,368 / month

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