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Foreclosure Homes in Lamoni, IA 50140

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Lamoni, IA Foreclosures

Current Market Conditions in in Lamoni, IA As of March 2026?
Over the past month, Lamoni's real estate market has seen a moderate increase in activity. New listings have risen as sellers are encouraged by favorable market conditions. Buyer interest remains high, particularly in family-friendly neighborhoods, leading to a quicker sales process for properly priced homes. Overall, the market is trending positively, with experts predicting continued growth as more people seek the advantages of rural living.
How much do homes sell for in Lamoni, IA?
The average home price is currently $178,799.
In Lamoni, IA, how many homes are available?
There are currently 28 active home listings available in Lamoni.
What’s the average rental cost in Lamoni, IA?
The average rental price in Lamoni is $1,030.
What is the most expensive home in Lamoni?
The most expensive home sold in Lamoni had a price of $2,524,375.
What is currently the cheapest priced home in Lamoni, IA?
The cheapest home for sale in Lamoni is priced at $10,517.

Living in Lamoni, IA

Lamoni, Iowa, is a small city with a rich history and a close-knit community atmosphere. Nestled in Decatur County, it offers a blend of rural charm and modern amenities, making it a great place for families and individuals alike. The area boasts affordable housing options alongside beautiful parks and recreational spaces.

Buyer vs Seller Market in Lamoni, IA

The real estate market in Lamoni is currently showing signs of stability. With affordable housing options and a strong sense of community, properties are attracting interest from both homebuyers and investors. Homes are typically listed at competitive prices compared to state averages, making Lamoni a desirable place for first-time buyers.

Recent trends indicate a steady increase in property values as more people recognize the benefits of small-town living. The combination of low mortgage rates and an increase in remote work opportunities has led to more families relocating to Lamoni, contributing to a growing demand for housing.

Home Value Estimator For Lamoni, IA

There are currently 889 real estate properties in Lamoni, IA, with a median automated valuation model (AVM) price of $137,527.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lamoni, 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 Lamoni, IA, is $178,799.00, with the most expensive house in Lamoni, IA, topping out at $2,524,375.00 and the cheapest home in Lamoni, IA, clocking in at $10,517.00. In other words, there’s something for every potential homebuyer or savvy investor in Lamoni, IA!

Rent Prices In Lamoni, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lamoni, IA, is on a rollercoaster ride. The average rent price in Lamoni, IA, is $1,030.00. Indeed, when looking to rent in Lamoni, IA, you can expect to pay as little as $600.00 or as much as $1,800.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Lamoni, 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.

Lamoni, IA 50140 Foreclosures

Market Trend for Lamoni, IA

Total Listings Available: 28

Market Values:

Home Prices from $10,517 to $2,524,375

Average Sales Price: $178,799

Rental Values:

Rental from $600 to $1,800

Average Rent Value: $1,030 / month

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