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Preforeclosure Homes in Farragut, IA 51639

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Living in Farragut, IA

Farragut is a charming small town located in southwestern Iowa, known for its friendly community and peaceful atmosphere. Residents enjoy a tight-knit environment with local events and activities, making it a great place for families and retirees alike. The town features a rich history and beautiful natural surroundings, providing various recreational opportunities.

Current Market Conditions in Farragut, IA

The real estate market in Farragut is currently stable, characterized by a balance between supply and demand. Home values have shown a gradual increase over the past year, indicative of a healthy market that attracts both first-time homebuyers and retirees. The community’s appeal, combined with affordable housing options, continues to draw new residents to the area.

Recent trends indicate an uptick in home renovations and upgrades as current homeowners look to maintain or increase property values. With an increasing number of young families moving in, there is a growing demand for family-friendly amenities and spaces.

Home Value Estimator For Farragut, IA

There are currently 363 real estate properties in Farragut, IA, with a median automated valuation model (AVM) price of $149,118.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farragut, 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 Farragut, IA, is $179,792.00, with the most expensive house in Farragut, IA, topping out at $1,049,196.00 and the cheapest home in Farragut, IA, clocking in at $12,514.00. In other words, there’s something for every potential homebuyer or savvy investor in Farragut, IA!

Rent Prices In Farragut, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farragut, IA, is on a rollercoaster ride. The average rent price in Farragut, IA, is $1,160.00. Indeed, when looking to rent in Farragut, IA, you can expect to pay as little as $700.00 or as much as $1,890.00, 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 Farragut, 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.

Farragut, IA 51639 Preforeclosure Homes


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