Lenore, ID Foreclosures
How much do homes sell for in Lenore, ID?
The average home price is currently $319,980.
What’s the average rental cost in Lenore, ID?
The average rental price in Lenore is $0.
What is the most expensive home in Lenore?
The most expensive home sold in Lenore had a price of $1,323,500.
What is currently the cheapest priced home in Lenore, ID?
The cheapest home for sale in Lenore is priced at $46,000.
Living in Lenore, ID
Lenore, Idaho, is a quaint community perfect for outdoor enthusiasts and those seeking a serene environment. Nestled by the Clearwater River, it offers numerous recreational opportunities, including fishing and hiking. With its friendly community and proximity to larger towns, Lenore combines the best of both rural charm and convenient living.
Current Market Conditions in Lenore, ID
The real estate market in Lenore is showing signs of stability with a modest increase in home values over the past year. The demand for properties has slightly outpaced supply, with more buyers showing interest in the area due to its scenic beauty and outdoor lifestyle, driving prices upward in select neighborhoods.
As of late 2023, there has been a noticeable trend toward remote living, which has led to an influx of buyers seeking homes in Lenore. Although the market remains competitive, it is still relatively affordable compared to larger urban areas. The appeal of Lenore's landscape and recreational activities makes it a desirable location for buyers, especially those looking for vacation or second homes.
Home Value Estimator For Lenore, ID
There are currently 206 real estate properties
in Lenore, ID,
with a median automated valuation model (AVM) price
of $259,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lenore, ID, 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 Lenore, ID,
is $319,980.00, with the most expensive house
in Lenore, ID, topping out
at $1,323,500.00 and the cheapest home
in Lenore, ID,
clocking in at $46,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lenore, ID!
Rent Prices
In Lenore, ID
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lenore, ID, is on
a rollercoaster ride. The
average rent price in Lenore, ID,
is $0.00. Indeed, when looking to rent in
Lenore, ID, you can expect to pay as little
as $0.00 or as much
as $0.00,
with the average rent median estimated to
be $0.00. The good news is that finding
an affordable and desirable property to rent in Lenore, ID
-- 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.