Living in Larrabee, IA
Larrabee, Iowa, is a quaint town offering a peaceful lifestyle surrounded by nature. Its tight-knit community, coupled with good schools and essential amenities, makes it an attractive residential area. Families and outdoor enthusiasts will find plenty to enjoy in this charming location.
Current Market Conditions in Larrabee, IA
The real estate market in Larrabee is currently stable, with a healthy mix of available homes for different budgets. Investors can find opportunities in both the rental market and for resale, catering to the demand for affordable living in a rural setting.
With growing interest in small-town living, Larrabee is seeing a slow but steady increase in property values, making it an opportune time for investment. As more individuals seek tranquility away from urban centers, the demand for homes in this area is likely to rise.
Home Value Estimator For Larrabee, IA
There are currently 128 real estate properties
in Larrabee, IA,
with a median automated valuation model (AVM) price
of $101,430.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Larrabee, 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 Larrabee, IA,
is $157,522.00, with the most expensive house
in Larrabee, IA, topping out
at $673,028.00 and the cheapest home
in Larrabee, IA,
clocking in at $14,561.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Larrabee, IA!
Rent Prices
In Larrabee, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Larrabee, IA, is on
a rollercoaster ride. The
average rent price in Larrabee, IA,
is $1,038.00. Indeed, when looking to rent in
Larrabee, IA, you can expect to pay as little
as $720.00 or as much
as $1,660.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Larrabee, 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.
Learn more on Foreclosure homes
