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Foreclosures in Latimer, IA

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Living in Latimer, IA

Latimer, Iowa is a charming small town known for its strong community ties and serene lifestyle. With a focus on outdoor activities and local amenities, it is perfect for families and individuals alike. Its rural charm combined with accessibility make it a desirable place to live in Iowa.

Current Market Conditions in Latimer, IA

The real estate market in Latimer has seen a stable increase in property values over the past year. Homes in the area are appealing to first-time buyers and retirees due to their affordability and the peaceful environment. The community's agricultural backdrop also brings a unique charm that attracts a diverse demographic of buyers.

Currently, Latimer experiences an inventory shortage, leading to increased competition among buyers. Despite the small number of homes available, properties that come onto the market tend to sell quickly, indicating a healthy demand.

Home Value Estimator For Latimer, IA

There are currently 300 real estate properties in Latimer, IA, with a median automated valuation model (AVM) price of $130,376.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Latimer, 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 Latimer, IA, is $154,464.00, with the most expensive house in Latimer, IA, topping out at $1,987,000.00 and the cheapest home in Latimer, IA, clocking in at $8,539.00. In other words, there’s something for every potential homebuyer or savvy investor in Latimer, IA!

Rent Prices In Latimer, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Latimer, IA, is on a rollercoaster ride. The average rent price in Latimer, IA, is $1,240.00. Indeed, when looking to rent in Latimer, IA, you can expect to pay as little as $810.00 or as much as $2,240.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Latimer, 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.

Latimer, IA Foreclosures


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