Foreclosure Homes in Montezuma, IA

Current Market Conditions in Montezuma, IA

Montezuma's real estate market has shown steady growth over the past few years. Homes in the area are relatively affordable compared to the state average, making it an attractive destination for first-time buyers and investors alike. The market comprises a mix of older homes and new constructions, appealing to various preferences.

As of late 2023, available inventory has slightly decreased, leading to a more competitive market environment. However, property values remain stable, and buyers are continuously drawn to the charm of this picturesque town. The availability of local amenities and recreational spaces further enhances the appeal of Montezuma.

Rent Prices In Montezuma, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montezuma, IA, is on a rollercoaster ride. The average rent price in Montezuma, IA, is $1,373.00. Indeed, when looking to rent in Montezuma, IA, you can expect to pay as little as $760.00 or as much as $2,180.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Montezuma, 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.