Living in Frederika, IA
Frederika, IA, is a warm and inviting small town that offers a peaceful lifestyle complemented by local amenities. Residents enjoy a strong sense of community, accessible educational institutions, and beautiful parks. This quaint town is perfect for those seeking a friendly environment within a rural setting.
Current Market Conditions in Frederika, IA
The real estate market in Frederika is stable, with steady demand for single-family homes. As a small community, the availability of homes is limited, which creates a favorable market for sellers while providing opportunities for investors to find reasonable property values.
Recent trends indicate a slight increase in home prices as the town becomes more attractive to buyers looking for a quiet, rural lifestyle. Investors may find potential in properties that can be updated or renovated to increase value in this growing market.
Home Value Estimator For Frederika, IA
There are currently 61 real estate properties
in Frederika, IA,
with a median automated valuation model (AVM) price
of $90,735.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Frederika, 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 Frederika, IA,
is $97,984.00, with the most expensive house
in Frederika, IA, topping out
at $264,410.00 and the cheapest home
in Frederika, IA,
clocking in at $23,069.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Frederika, IA!
Rent Prices
In Frederika, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Frederika, IA, is on
a rollercoaster ride. The
average rent price in Frederika, IA,
is $1,133.00. Indeed, when looking to rent in
Frederika, IA, you can expect to pay as little
as $880.00 or as much
as $1,440.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Frederika, 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.
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