Living in Gillett Grove, IA
Gillett Grove, IA, is a quaint small town offering a peaceful rural lifestyle. It features open landscapes ideal for outdoor activities and a tight-knit community atmosphere. The town provides access to quality education and is situated near larger cities for added convenience.
Current Market Conditions in Gillett Grove, IA
The real estate market in Gillett Grove is currently stable, with moderately priced homes attracting both first-time buyers and investors. The demand for charming rural properties is steadily growing as more people are looking for quieter living environments compared to bustling urban areas.
As more individuals search for homes in rural settings, Gillett Grove's market demonstrates resilience. The prices remain favorable, given the scarcity of homes, leading to a competitive atmosphere that rewards buyers willing to act quickly.
Home Value Estimator For Gillett Grove, IA
There are currently 26 real estate properties
in Gillett Grove, IA,
with a median automated valuation model (AVM) price
of $69,846.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gillett Grove, 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 Gillett Grove, IA,
is $118,924.00, with the most expensive house
in Gillett Grove, IA, topping out
at $570,593.00 and the cheapest home
in Gillett Grove, IA,
clocking in at $41,608.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gillett Grove, IA!
Rent Prices
In Gillett Grove, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gillett Grove, IA, is on
a rollercoaster ride. The
average rent price in Gillett Grove, IA,
is $1,004.00. Indeed, when looking to rent in
Gillett Grove, IA, you can expect to pay as little
as $560.00 or as much
as $1,450.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Gillett Grove, 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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