Farragut, IA Foreclosures
How much do homes sell for in Farragut, IA?
The average home price is currently $209,382.
In Farragut, IA, how many homes are available?
There are currently 2 active home listings available in Farragut.
What’s the average rental cost in Farragut, IA?
The average rental price in Farragut is $1,160.
What is the most expensive home in Farragut?
The most expensive home sold in Farragut had a price of $1,032,999.
What is currently the cheapest priced home in Farragut, IA?
The cheapest home for sale in Farragut is priced at $12,514.
Living in Farragut, IA
Farragut, IA, is a charming small town characterized by its friendly community and beautiful rural landscape. Residents enjoy numerous local amenities and recreational opportunities, making it ideal for families and nature lovers alike. With its close proximity to larger cities, Farragut offers the perfect balance of peaceful living and easy access to city conveniences.
Current Market Conditions in Farragut, IA
Farragut's real estate market is currently stable, with a healthy turnover of homes reflecting a modest demand. Housing prices have seen slight increases over the past year as fewer homes are available for sale in the market, leading to growing interest from potential buyers. This steady market encourages investment opportunities, particularly for those looking for affordable homes in a supportive community.
The trend of remote work has also positively impacted Farragut, as more individuals seek homes in quiet, rural areas away from crowded cities. The blend of affordability and community living has attracted more families and first-time homebuyers, promoting a slow yet steady growth in the local real estate market.
Home Value Estimator For Farragut, IA
There are currently 393 real estate properties
in Farragut, IA,
with a median automated valuation model (AVM) price
of $155,895.00. 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 $209,382.00, with the most expensive house
in Farragut, IA, topping out
at $1,032,999.00 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.
Learn more on Foreclosure homes
