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Rent To Own Homes in Neola, IA

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Neola, IA Foreclosures

How much do homes sell for in Neola, IA?
The average home price is currently $310,984.
In Neola, IA, how many homes are available?
There are currently 1 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 $1,004,506.
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, IA is a charming small town known for its friendly community and beautiful landscapes. With a population of just over 1,500, it offers a peaceful lifestyle with family-oriented activities and several local amenities. Residents enjoy outdoor recreational opportunities and convenient access to nearby larger cities.

Current Market Conditions in Neola, IA

The real estate market in Neola is currently stable, with a steady demand for homes. The average home price reflects the affordability of the area, making it an attractive option for new buyers and families. The market has been showing signs of gradual appreciation as more individuals and families seek to settle in this community-centric environment.

In comparison to surrounding areas, Neola's housing options remain relatively affordable, which could attract more buyers from urban centers looking for a peaceful escape. Homes in the area generally sell within a reasonable timeframe, indicating a balanced market.

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 $280,392.00. 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 $310,984.00, with the most expensive house in Neola, IA, topping out at $1,004,506.00 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.

Neola, IA Rent To Own Homes

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