Marathon, IA Foreclosures
How much do homes sell for in Marathon, IA?
The average home price is currently $153,118.
In Marathon, IA, how many homes are available?
There are currently 14 active home listings available in Marathon.
What’s the average rental cost in Marathon, IA?
The average rental price in Marathon is $1,018.
What is the most expensive home in Marathon?
The most expensive home sold in Marathon had a price of $791,397.
What is currently the cheapest priced home in Marathon, IA?
The cheapest home for sale in Marathon is priced at $17,404.
Living in Marathon, IA
Marathon, Iowa is a quaint rural town characterized by a warm and welcoming community. With an array of outdoor activities nearby and a peaceful lifestyle, it offers a perfect retreat for families and individuals seeking tranquility. The town is well-equipped with essential amenities and has a strong sense of community, making it an ideal location for those looking to settle down in a friendly environment.
Current Market Conditions in Marathon, IA
The real estate market in Marathon, IA is currently stable, with moderate activity reflecting the small-town charm and affordability of the area. There is a slight increase in interest from first-time homebuyers and those seeking vacation properties, contributing to a healthy balance of supply and demand.
Recent trends indicate a subtle appreciation in home prices, as more buyers recognize the value of rural living amidst a post-pandemic shift towards remote work and lifestyle changes. This interest is also bolstered by the low inventory of homes, making it a competitive market for motivated buyers.
Home Value Estimator For Marathon, IA
There are currently 267 real estate properties
in Marathon, IA,
with a median automated valuation model (AVM) price
of $88,269.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Marathon, 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 Marathon, IA,
is $153,118.00, with the most expensive house
in Marathon, IA, topping out
at $791,397.00 and the cheapest home
in Marathon, IA,
clocking in at $17,404.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Marathon, IA!
Rent Prices
In Marathon, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Marathon, IA, is on
a rollercoaster ride. The
average rent price in Marathon, IA,
is $1,018.00. Indeed, when looking to rent in
Marathon, IA, you can expect to pay as little
as $680.00 or as much
as $1,640.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Marathon, 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.
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