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Short Sale Listings in Luzerne, IA 52257

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Luzerne, IA Foreclosures

How much do homes sell for in Luzerne, IA?
The average home price is currently $298,411.
In Luzerne, IA, how many homes are available?
There are currently 6 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 $1,375,786.
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 town known for its tight-knit community and beautiful landscapes. It offers a peaceful lifestyle with access to outdoor activities and essential amenities. Families will appreciate the local schools and safe neighborhoods, making it an ideal place to settle down.

Current Market Conditions in Luzerne, IA

The current real estate market in Luzerne is quite stable, with a mix of properties available ranging from cozy homes to larger estates. Interest rates are relatively low, which has encouraged home buying in the area. While Luzerne might not see the same rapid growth as larger urban centers, the market remains steady with prospective buyers attracted to the town's charm and rural lifestyle.

Luzerne's market has shown signs of resilience, maintaining home values despite broader economic fluctuations. As interest rates begin to stabilize, more buyers are considering this hidden gem in Iowa for its affordability and community culture.

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 $226,000.00. 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 $298,411.00, with the most expensive house in Luzerne, IA, topping out at $1,375,786.00 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 52257 Short Sale Listings

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