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Foreclosure Homes in Luzerne, IA

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Luzerne, IA Foreclosures

How much do homes sell for in Luzerne, IA?
The average home price is currently $295,794.
In Luzerne, IA, how many homes are available?
There are currently 3 active home listings available in Luzerne.
What’s the average rental cost in Luzerne, IA?
The average rental price in Luzerne is $1,128.
What is the most expensive home in Luzerne?
The most expensive home sold in Luzerne had a price of $1,380,863.
What is currently the cheapest priced home in Luzerne, IA?
The cheapest home for sale in Luzerne is priced at $12,291.

Living in Luzerne, IA

Luzerne, IA, is a quaint rural community in Benton County, known for its friendly atmosphere and beautiful natural surroundings. With great schools, parks, and outdoor activities, it provides a perfect setting for families and retirees. The town is well-connected to major highways, making access to nearby amenities convenient.

Current Market Conditions in Luzerne, IA

The real estate market in Luzerne is characterized by reasonable prices and a variety of home options, from cozy single-family houses to larger farmsteads. Recently, there has been an increase in interest from families and young professionals seeking a quieter lifestyle outside of urban areas, driving demand for homes in the region.

Investors can take advantage of the market's stability, as properties tend to appreciate steadily over time. The affordability of real estate in Luzerne presents an attractive opportunity for first-time buyers and seasoned investors looking to diversify their portfolios.

Home Value Estimator For Luzerne, IA

There are currently 130 real estate properties in Luzerne, IA, with a median automated valuation model (AVM) price of $222,062.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Luzerne, 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 Luzerne, IA, is $295,794.00, with the most expensive house in Luzerne, IA, topping out at $1,380,863.00 and the cheapest home in Luzerne, IA, clocking in at $12,291.00. In other words, there’s something for every potential homebuyer or savvy investor in Luzerne, IA!

Rent Prices In Luzerne, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Luzerne, IA, is on a rollercoaster ride. The average rent price in Luzerne, IA, is $1,128.00. Indeed, when looking to rent in Luzerne, IA, you can expect to pay as little as $730.00 or as much as $1,850.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Luzerne, 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.

Luzerne, IA Foreclosures


Market Trend for Luzerne, IA

Total Listings Available: 3

Market Values:

Home Prices from $12,291 to $1,380,863

Average Sales Price: $295,794

Rental Values:

Rental from $730 to $1,850

Average Rent Value: $1,128 / month

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