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Foreclosure Homes in Monmouth, IA

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Monmouth, IA Foreclosures

How much do homes sell for in Monmouth, IA?
The average home price is currently $239,034.
In Monmouth, IA, how many homes are available?
There are currently 3 active home listings available in Monmouth.
What’s the average rental cost in Monmouth, IA?
The average rental price in Monmouth is $1,230.
What is the most expensive home in Monmouth?
The most expensive home sold in Monmouth had a price of $1,712,823.
What is currently the cheapest priced home in Monmouth, IA?
The cheapest home for sale in Monmouth is priced at $29,741.

Living in Monmouth, IA

Monmouth, IA, is a charming small town known for its strong community spirit and scenic rural surroundings. With a focus on agriculture, this peaceful area provides various outdoor activities and easy access to neighboring towns for additional amenities. It’s an ideal spot for those seeking a relaxed lifestyle in the heart of Iowa.

Current Market Conditions in Monmouth, IA

The real estate market in Monmouth, IA, is currently stable with a moderate supply of homes available for sale. The price points remain affordable compared to larger urban areas, making it an attractive option for first-time home buyers and those looking for a peaceful retreat outside the city.

Investors are starting to show more interest in Monmouth due to its potential for growth, given its proximity to larger commercial hubs. The demand for housing has slightly increased, which may lead to a gradual rise in property values in the coming years.

Home Value Estimator For Monmouth, IA

There are currently 178 real estate properties in Monmouth, IA, with a median automated valuation model (AVM) price of $169,089.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monmouth, 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 Monmouth, IA, is $239,034.00, with the most expensive house in Monmouth, IA, topping out at $1,712,823.00 and the cheapest home in Monmouth, IA, clocking in at $29,741.00. In other words, there’s something for every potential homebuyer or savvy investor in Monmouth, IA!

Rent Prices In Monmouth, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monmouth, IA, is on a rollercoaster ride. The average rent price in Monmouth, IA, is $1,230.00. Indeed, when looking to rent in Monmouth, IA, you can expect to pay as little as $740.00 or as much as $2,450.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Monmouth, 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.

Monmouth, IA Foreclosures

Market Trend for Monmouth, IA

Total Listings Available: 3

Market Values:

Home Prices from $29,741 to $1,712,823

Average Sales Price: $239,034

Rental Values:

Rental from $740 to $2,450

Average Rent Value: $1,230 / month

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