Foreclosures in Lorimor, IA 50149

Current Market Conditions in Lorimor, IA

The real estate market in Lorimor is stable, with a variety of homes available at reasonable prices. Demand for housing has increased slightly as more individuals and families seek the quiet lifestyle that small town living provides, which is driving healthy market growth.

Prices for homes typically remain affordable, attracting first-time buyers and investors looking for properties that can provide strong rental yields. As urban areas continue to see rising costs, Lorimor presents an attractive alternative for those looking to invest in real estate.

Rent Prices In Lorimor, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lorimor, IA, is on a rollercoaster ride. The average rent price in Lorimor, IA, is $1,483.00. Indeed, when looking to rent in Lorimor, IA, you can expect to pay as little as $880.00 or as much as $1,990.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Lorimor, 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.