Martelle, IA Foreclosures
How much do homes sell for in Martelle, IA?
The average home price is currently $276,018.
In Martelle, IA, how many homes are available?
There are currently 3 active home listings available in Martelle.
What’s the average rental cost in Martelle, IA?
The average rental price in Martelle is $1,552.
What is the most expensive home in Martelle?
The most expensive home sold in Martelle had a price of $923,391.
What is currently the cheapest priced home in Martelle, IA?
The cheapest home for sale in Martelle is priced at $25,869.
Living in Martelle, IA
Martelle, Iowa is a charming small town known for its tight-knit community and picturesque countryside. With a population of just over 400, residents enjoy a peaceful, rural lifestyle surrounded by beautiful landscapes. The town offers various local amenities and a strong sense of tradition, making it an attractive option for families and retirees alike.
Current Market Conditions in Martelle, IA
The real estate market in Martelle has recently exhibited stable trends, with a consistent demand for single-family homes and some interest in land purchases for agricultural use. The prices are considered affordable compared to the national average, making it an appealing option for first-time homebuyers and those looking to escape urban centers.
There has been a notable increase in interest from buyers seeking vacation homes or investment properties, particularly from individuals who appreciate the tranquil rural lifestyle that Martelle offers. As more potential residents look for affordable and peaceful living environments, property values might experience gradual appreciation.
Home Value Estimator For Martelle, IA
There are currently 344 real estate properties
in Martelle, IA,
with a median automated valuation model (AVM) price
of $235,300.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Martelle, 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 Martelle, IA,
is $276,018.00, with the most expensive house
in Martelle, IA, topping out
at $923,391.00 and the cheapest home
in Martelle, IA,
clocking in at $25,869.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Martelle, IA!
Rent Prices
In Martelle, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Martelle, IA, is on
a rollercoaster ride. The
average rent price in Martelle, IA,
is $1,552.00. Indeed, when looking to rent in
Martelle, IA, you can expect to pay as little
as $990.00 or as much
as $2,650.00,
with the average rent median estimated to
be $1,530.00. The good news is that finding
an affordable and desirable property to rent in Martelle, 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.
Learn more on Foreclosure homes
