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Foreclosure Homes in Menlo, IA 50164

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Menlo, IA Foreclosures

How much do homes sell for in Menlo, IA?
The average home price is currently $212,848.
In Menlo, IA, how many homes are available?
There are currently 1 active home listings available in Menlo.
What’s the average rental cost in Menlo, IA?
The average rental price in Menlo is $1,164.
What is the most expensive home in Menlo?
The most expensive home sold in Menlo had a price of $1,062,994.
What is currently the cheapest priced home in Menlo, IA?
The cheapest home for sale in Menlo is priced at $22,450.

Living in Menlo, IA

Menlo, IA, offers a serene escape with a close-knit community perfect for families and outdoor lovers. Its access to local parks, quality schools, and rural charm make it an attractive investment location. With a variety of recreational activities, Menlo stands out as an ideal place to call home.

Current Market Conditions in Menlo, IA

The real estate market in Menlo, IA is currently favorable for both buyers and investors, with home prices showing steady appreciation due to demand for rural properties. As the trend of individuals seeking more spacious living areas continues, Menlo is becoming an increasingly attractive option for those looking to invest.

Properties in Menlo are often characterized by affordability compared to larger urban areas, creating opportunities for rental income and long-term growth. The small-town atmosphere combined with essential amenities ensures that demand for housing remains strong.

Home Value Estimator For Menlo, IA

There are currently 219 real estate properties in Menlo, IA, with a median automated valuation model (AVM) price of $189,602.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Menlo, 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 Menlo, IA, is $212,848.00, with the most expensive house in Menlo, IA, topping out at $1,062,994.00 and the cheapest home in Menlo, IA, clocking in at $22,450.00. In other words, there’s something for every potential homebuyer or savvy investor in Menlo, IA!

Rent Prices In Menlo, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Menlo, IA, is on a rollercoaster ride. The average rent price in Menlo, IA, is $1,164.00. Indeed, when looking to rent in Menlo, IA, you can expect to pay as little as $830.00 or as much as $1,750.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Menlo, 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.

Menlo, IA 50164 Foreclosures

Market Trend for Menlo, IA

Total Listings Available: 1

Market Values:

Home Prices from $22,450 to $1,062,994

Average Sales Price: $212,848

Rental Values:

Rental from $830 to $1,750

Average Rent Value: $1,164 / month

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