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Short Sale Listings in Lorimor, IA

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Lorimor, IA Foreclosures

Current Market Conditions in in Lorimor, IA As of February 2026?
In the last month, Lorimor's real estate market has shown slight signs of growth with a few new listings attracting interest. The average days on market for homes have decreased, suggesting a mild increase in buyer activity. Buyers are encouraged to consider new listings as properties in the price range are moving quickly, indicating a favorable market for sellers.
How much do homes sell for in Lorimor, IA?
The average home price is currently $273,394.
In Lorimor, IA, how many homes are available?
There are currently 29 active home listings available in Lorimor.
What’s the average rental cost in Lorimor, IA?
The average rental price in Lorimor is $1,480.
What is the most expensive home in Lorimor?
The most expensive home sold in Lorimor had a price of $1,000,210.
What is currently the cheapest priced home in Lorimor, IA?
The cheapest home for sale in Lorimor is priced at $14,390.

Living in Lorimor, IA

Lorimor is a small, welcoming town in Iowa characterized by its friendly community atmosphere and rural charm. It boasts a low cost of living, making it an attractive option for families and retirees alike. The town offers access to essential amenities and a peaceful lifestyle amidst beautiful natural surroundings.

Buyer vs Seller Market in Lorimor, IA

The real estate market in Lorimor remains stable, with a good balance between supply and demand. Recent years have seen a slight increase in property values, as more people discover the advantages of living in this quiet town. Buyers are often attracted by affordable housing options and the opportunity to live in a close-knit community.

Due to the general affordability of homes in the area, many first-time homebuyers are turning to Lorimor as a viable option for homeownership. Additionally, some properties have been renovated or updated, attracting buyers seeking move-in-ready homes.

Home Value Estimator For Lorimor, IA

There are currently 366 real estate properties in Lorimor, IA, with a median automated valuation model (AVM) price of $236,249.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lorimor, 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 Lorimor, IA, is $273,394.00, with the most expensive house in Lorimor, IA, topping out at $1,000,210.00 and the cheapest home in Lorimor, IA, clocking in at $14,390.00. In other words, there’s something for every potential homebuyer or savvy investor in Lorimor, IA!

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 $1,480.00. 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.

Lorimor, IA Short Sale Listings

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