Frederika, IA Foreclosures
How much do homes sell for in Frederika, IA?
The average home price is currently $117,954.
What’s the average rental cost in Frederika, IA?
The average rental price in Frederika is $1,133.
What is the most expensive home in Frederika?
The most expensive home sold in Frederika had a price of $394,416.
What is currently the cheapest priced home in Frederika, IA?
The cheapest home for sale in Frederika is priced at $42,910.
Living in Frederika, IA
Frederika, Iowa is a quaint town offering a tranquil rural lifestyle with a strong community vibe. Residents enjoy access to outdoor activities, a focus on education, and the charm of small-town living. With its scenic surroundings, Frederika is ideal for those seeking peace away from the hustle and bustle of city life.
Current Market Conditions in Frederika, IA
The Frederika real estate market has shown steady growth over the past year, with more buyers looking for affordable housing options. The demand for properties in rural areas has been increasing due to the ongoing interest in remote living and spacious homes, leading to a competitive market for available listings.
Average home prices have seen a moderate increase, which reflects the desirability of living in a smaller town with a strong sense of community. However, homes remain relatively affordable compared to urban areas, providing opportunities for first-time buyers and families.
Home Value Estimator For Frederika, IA
There are currently 62 real estate properties
in Frederika, IA,
with a median automated valuation model (AVM) price
of $108,388.00. 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 $117,954.00, with the most expensive house
in Frederika, IA, topping out
at $394,416.00 and the cheapest home
in Frederika, IA,
clocking in at $42,910.00. 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.