Neola, IA Foreclosures
How much do homes sell for in Neola, IA?
The average home price is currently $314,179.
In Neola, IA, how many homes are available?
There are currently 48 active home listings available in Neola.
What’s the average rental cost in Neola, IA?
The average rental price in Neola is $1,487.
What is the most expensive home in Neola?
The most expensive home sold in Neola had a price of $1,166,447.
What is currently the cheapest priced home in Neola, IA?
The cheapest home for sale in Neola is priced at $27,320.
Living in Neola, IA
Neola, Iowa is a small town that balances a peaceful rural atmosphere with community-oriented living. With local amenities catering to families and recreational activities that encourage an active lifestyle, Neola is an ideal choice for those looking for tranquility without sacrificing convenience. The Tri-Center School District enhances the area’s appeal, making it an excellent place to settle down.
Current Market Conditions in Neola, IA
The real estate market in Neola, IA, has shown positive signs of growth in recent months, with an increase in property values and buyer interest. The town's affordable housing options coupled with its small-town charm continue to attract new residents.
Currently, the market is favoring sellers as inventory remains relatively low, driving prices upwards. Many homes are receiving multiple offers, indicating a strong demand from potential buyers. This trend is likely to encourage further development in the area.
Home Value Estimator For Neola, IA
There are currently 735 real estate properties
in Neola, IA,
with a median automated valuation model (AVM) price
of $285,718.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Neola, 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 Neola, IA,
is $314,179.00, with the most expensive house
in Neola, IA, topping out
at $1,166,447.00 and the cheapest home
in Neola, IA,
clocking in at $27,320.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Neola, IA!
Rent Prices
In Neola, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Neola, IA, is on
a rollercoaster ride. The
average rent price in Neola, IA,
is $1,487.00. Indeed, when looking to rent in
Neola, IA, you can expect to pay as little
as $870.00 or as much
as $2,180.00,
with the average rent median estimated to
be $1,490.00. The good news is that finding
an affordable and desirable property to rent in Neola, 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
