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Land Foreclosures in Fayette, IA

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Fayette, IA Foreclosures

How much do homes sell for in Fayette, IA?
The average home price is currently $254,405.
What’s the average rental cost in Fayette, IA?
The average rental price in Fayette is $1,212.
What is the most expensive home in Fayette?
The most expensive home sold in Fayette had a price of $5,506,770.
What is currently the cheapest priced home in Fayette, IA?
The cheapest home for sale in Fayette is priced at $12,019.

Living in Fayette, IA

Fayette, IA, offers a peaceful, small-town lifestyle with a vibrant community spirit. Its scenic landscapes and proximity to Upper Iowa University enhance the local culture and recreational opportunities. This is an ideal location for families and individuals seeking a friendly, rural setting.

Current Market Conditions in Fayette, IA

Fayette's real estate market is stable, with a variety of properties available for different budgets. The demand for homes has seen a gradual increase, particularly among families and retirees looking for a tranquil environment away from busy urban centers.

Housing prices have remained reasonable, offering opportunities for first-time buyers as well as investors. Many properties maintain good value due to the town's accessibility and local amenities.

Home Value Estimator For Fayette, IA

There are currently 685 real estate properties in Fayette, IA, with a median automated valuation model (AVM) price of $184,337.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fayette, 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 Fayette, IA, is $254,405.00, with the most expensive house in Fayette, IA, topping out at $5,506,770.00 and the cheapest home in Fayette, IA, clocking in at $12,019.00. In other words, there’s something for every potential homebuyer or savvy investor in Fayette, IA!

Rent Prices In Fayette, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fayette, IA, is on a rollercoaster ride. The average rent price in Fayette, IA, is $1,212.00. Indeed, when looking to rent in Fayette, IA, you can expect to pay as little as $680.00 or as much as $1,940.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Fayette, 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.

Fayette, IA Land


Market Trend for Fayette, IA

Total Listings Available: 0

Market Values:

Home Prices from $12,019 to $5,506,770

Average Sales Price: $254,405

Rental Values:

Rental from $680 to $1,940

Average Rent Value: $1,212 / month

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