Lewis, IA Foreclosures
How much do homes sell for in Lewis, IA?
The average home price is currently $185,106.
In Lewis, IA, how many homes are available?
There are currently 20 active home listings available in Lewis.
What’s the average rental cost in Lewis, IA?
The average rental price in Lewis is $1,098.
What is the most expensive home in Lewis?
The most expensive home sold in Lewis had a price of $820,078.
What is currently the cheapest priced home in Lewis, IA?
The cheapest home for sale in Lewis is priced at $19,990.
Living in Lewis, IA
Lewis is a quaint town in Iowa that features a peaceful lifestyle surrounded by beautiful rural landscapes. The community offers essential amenities, parks, and local events, fostering connection and camaraderie among residents. With easy access to larger towns, it provides a perfect balance between rural charm and urban convenience.
Current Market Conditions in Lewis, IA
The real estate market in Lewis is relatively stable, with an increase in buyers looking for affordable housing outside urban areas. The demand for homes has seen a modest uptick, primarily driven by the appeal of rural living and lower prices compared to metropolitan areas. Sellers are encouraged to price their homes competitively to attract potential buyers.
New construction is limited in Lewis, but existing homes are available, ranging from historic properties to modern builds. The market continues to be appealing for first-time home buyers, investors, and those looking for vacation homes due to its affordability.
Home Value Estimator For Lewis, IA
There are currently 310 real estate properties
in Lewis, IA,
with a median automated valuation model (AVM) price
of $146,735.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lewis, 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 Lewis, IA,
is $185,106.00, with the most expensive house
in Lewis, IA, topping out
at $820,078.00 and the cheapest home
in Lewis, IA,
clocking in at $19,990.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lewis, IA!
Rent Prices
In Lewis, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lewis, IA, is on
a rollercoaster ride. The
average rent price in Lewis, IA,
is $1,098.00. Indeed, when looking to rent in
Lewis, IA, you can expect to pay as little
as $560.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Lewis, 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.