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Multi-family Foreclosures in Letts, IA

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Letts, IA Foreclosures

How much do homes sell for in Letts, IA?
The average home price is currently $256,339.
What’s the average rental cost in Letts, IA?
The average rental price in Letts is $1,234.
What is the most expensive home in Letts?
The most expensive home sold in Letts had a price of $1,715,700.
What is currently the cheapest priced home in Letts, IA?
The cheapest home for sale in Letts is priced at $15,860.

Living in Letts, IA

Letts, IA is a charming small town with a strong sense of community and friendly residents. The area offers essential amenities, beautiful natural surroundings, and a variety of recreational activities. With its rural charm and accessibility to nearby cities, it's an appealing location for real estate investment.

Current Market Conditions in Letts, IA

The real estate market in Letts, IA is characterized by affordable housing options and a growing interest from first-time buyers and investors. The market has seen a steady increase in property values, indicating a positive trend for current and potential homeowners.

As the demand for rural properties rises, Letts offers an appealing environment for investors looking for long-term rental opportunities or vacation homes. The area benefits from a mix of stability and potential growth, making it an attractive choice for real estate ventures.

Home Value Estimator For Letts, IA

There are currently 553 real estate properties in Letts, IA, with a median automated valuation model (AVM) price of $220,489.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Letts, 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 Letts, IA, is $256,339.00, with the most expensive house in Letts, IA, topping out at $1,715,700.00 and the cheapest home in Letts, IA, clocking in at $15,860.00. In other words, there’s something for every potential homebuyer or savvy investor in Letts, IA!

Rent Prices In Letts, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Letts, IA, is on a rollercoaster ride. The average rent price in Letts, IA, is $1,234.00. Indeed, when looking to rent in Letts, IA, you can expect to pay as little as $740.00 or as much as $2,150.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Letts, 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.

Letts, IA Multi-family Homes


Market Trend for Letts, IA

Total Listings Available: 0

Market Values:

Home Prices from $15,860 to $1,715,700

Average Sales Price: $256,339

Rental Values:

Rental from $740 to $2,150

Average Rent Value: $1,234 / month

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