Malcom, IA Foreclosures
How much do homes sell for in Malcom, IA?
The average home price is currently $274,484.
In Malcom, IA, how many homes are available?
There are currently 10 active home listings available in Malcom.
What’s the average rental cost in Malcom, IA?
The average rental price in Malcom is $1,236.
What is the most expensive home in Malcom?
The most expensive home sold in Malcom had a price of $4,005,244.
What is currently the cheapest priced home in Malcom, IA?
The cheapest home for sale in Malcom is priced at $35,042.
Living in Malcom, IA
Malcom, IA, is a quaint town that embodies the spirit of rural Iowa with its friendly community atmosphere and beautiful outdoor settings. Residents enjoy a slower-paced lifestyle while benefiting from nearby amenities, schools, and recreational opportunities. The town's agricultural roots foster a close-knit community feel, making it an ideal place for families and nature enthusiasts alike.
Current Market Conditions in Malcom, IA
The current real estate market in Malcom, IA, is stable, with a growing interest from prospective home buyers looking for affordable living options in a rural setting. The average home prices show a modest increase, which indicates a steady demand in the area characterized by newer families moving in and existing residents upgrading their homes.
Investors are starting to explore Malcom as a potential area for development, thanks to its affordable land prices and quaint charm. The slower pace of life and the appeal of the Iowa countryside are attractive for many looking for a change, driving a small, but steady growth in real estate activity.
Home Value Estimator For Malcom, IA
There are currently 293 real estate properties
in Malcom, IA,
with a median automated valuation model (AVM) price
of $223,077.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Malcom, 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 Malcom, IA,
is $274,484.00, with the most expensive house
in Malcom, IA, topping out
at $4,005,244.00 and the cheapest home
in Malcom, IA,
clocking in at $35,042.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Malcom, IA!
Rent Prices
In Malcom, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Malcom, IA, is on
a rollercoaster ride. The
average rent price in Malcom, IA,
is $1,236.00. Indeed, when looking to rent in
Malcom, IA, you can expect to pay as little
as $800.00 or as much
as $2,030.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Malcom, 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.