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Foreclosure Homes in Martelle, IA 52305

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Martelle, IA Foreclosures

How much do homes sell for in Martelle, IA?
The average home price is currently $256,191.
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 $896,348.
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 is a quaint small town located in Jones County, Iowa, offering a peaceful rural lifestyle. It features charming homes, friendly neighbors, and a close-knit community vibe. The town is surrounded by beautiful landscapes, making it perfect for outdoor enthusiasts.

Current Market Conditions in Martelle, IA

Martelle's real estate market remains stable with a steady demand for homes, primarily due to its appeal as a quaint community. Many buyers are attracted to the affordable housing options compared to larger urban areas. The market has shown resilience, even amid broader economic fluctuations, with a consistent number of transactions occurring each month.

As the population seeks more spacious living arrangements, particularly post-pandemic, Martelle has seen an uptick in inquiries from families and individuals desiring a quieter lifestyle. The availability of larger properties and land options is appealing, contributing to a balanced market where buyers find various choices.

Home Value Estimator For Martelle, IA

There are currently 298 real estate properties in Martelle, IA, with a median automated valuation model (AVM) price of $227,468.00. 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 $256,191.00, with the most expensive house in Martelle, IA, topping out at $896,348.00 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.

Martelle, IA 52305 Foreclosures


Market Trend for Martelle, IA

Total Listings Available: 3

Market Values:

Home Prices from $25,869 to $896,348

Average Sales Price: $256,191

Rental Values:

Rental from $990 to $2,650

Average Rent Value: $1,552 / month

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