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Short Sale Listings in Lucas, IA

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Living in Lucas, IA

Lucas, IA, offers a picturesque rural lifestyle with a strong community spirit. It's surrounded by beautiful landscapes and is ideal for those seeking tranquility. The area boasts access to outdoor activities, reputable schools, and a welcoming atmosphere perfect for families and individuals alike.

Current Market Conditions in Lucas, IA

The real estate market in Lucas, IA, is currently favorable for investors, as property prices remain relatively affordable compared to urban areas. There has been a steady increase in demand for homes due to the influx of families looking for a quieter lifestyle.

Investors can expect a mix of older properties and newer developments, providing various opportunities for renovations or new builds. The appreciation in property values is projected to continue as more people discover the charm of rural living.

Home Value Estimator For Lucas, IA

There are currently 276 real estate properties in Lucas, IA, with a median automated valuation model (AVM) price of $206,654.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lucas, 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 Lucas, IA, is $233,273.00, with the most expensive house in Lucas, IA, topping out at $1,335,000.00 and the cheapest home in Lucas, IA, clocking in at $10,340.00. In other words, there’s something for every potential homebuyer or savvy investor in Lucas, IA!

Rent Prices In Lucas, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lucas, IA, is on a rollercoaster ride. The average rent price in Lucas, IA, is $1,208.00. Indeed, when looking to rent in Lucas, IA, you can expect to pay as little as $660.00 or as much as $2,240.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Lucas, 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.

Lucas, IA Short Sale Listings


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