Living in Lewis, IA
Lewis, IA, offers a tranquil rural lifestyle with a close-knit community and access to outdoor activities. Located in Cass County, it features essential local amenities and schools providing quality education. Residents appreciate the peaceful surroundings and friendly atmosphere.
Current Market Conditions in Lewis, IA
The real estate market in Lewis, IA, has shown signs of gradual stability with a modest increase in home sales over the past few months. Buyers are attracted to the affordability and charm of small-town living, which has contributed to a slight uptick in prices as demand has increased.
Investors looking for value may find opportunities in Lewis as home prices remain lower than the national average. The presence of historical homes and spacious properties makes Lewis appealing to first-time buyers, retirees, and families.
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 $146,426.00. 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 $188,399.00, with the most expensive house
in Lewis, IA, topping out
at $858,162.00 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.
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