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Foreclosure Homes in Nevada, IA

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Nevada, IA Foreclosures

Current Market Conditions in in Nevada, IA As of February 2026?
In the past month, Nevada has seen a slight uptick in housing prices as buyer interest remains high. New listings have been moving relatively quickly, suggesting a competitive market with motivated buyers. Home values have continued to increase, reflecting the desirability of the region, particularly in areas near parks and schools.
How much do homes sell for in Nevada, IA?
The average home price is currently $285,902.
In Nevada, IA, how many homes are available?
There are currently 28 active home listings available in Nevada.
What’s the average rental cost in Nevada, IA?
The average rental price in Nevada is $1,465.
What is the most expensive home in Nevada?
The most expensive home sold in Nevada had a price of $9,133,500.
What is currently the cheapest priced home in Nevada, IA?
The cheapest home for sale in Nevada is priced at $15,500.

Living in Nevada, IA

Nevada, Iowa offers a cozy, small-town atmosphere with a strong sense of community. Located in Story County, it is known for its friendly residents and convenient access to nearby amenities. The city features beautiful parks and recreational activities, making it ideal for families and outdoor enthusiasts alike.

Buyer vs Seller Market in Nevada, IA

Nevada's real estate market has been steadily growing, influenced by its attractive lifestyle offerings and proximity to larger cities such as Ames and Des Moines. Home prices have experienced a consistent increase due to demand and limited inventory, with many buyers seeking the charm of small-town living coupled with modern amenities.

The rental market is also thriving, with various rental options available, catering to diverse needs from students to families. Investors are beginning to take notice of Nevada's potential due to the influx of residents drawn to the city's community-oriented environment.

Home Value Estimator For Nevada, IA

There are currently 3,434 real estate properties in Nevada, IA, with a median automated valuation model (AVM) price of $231,274.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nevada, 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 Nevada, IA, is $285,902.00, with the most expensive house in Nevada, IA, topping out at $9,133,500.00 and the cheapest home in Nevada, IA, clocking in at $15,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Nevada, IA!

Rent Prices In Nevada, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nevada, IA, is on a rollercoaster ride. The average rent price in Nevada, IA, is $1,465.00. Indeed, when looking to rent in Nevada, IA, you can expect to pay as little as $800.00 or as much as $2,720.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Nevada, 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.

Nevada, IA Foreclosures

Market Trend for Nevada, IA

Total Listings Available: 28

Market Values:

Home Prices from $15,500 to $9,133,500

Average Sales Price: $285,902

Rental Values:

Rental from $800 to $2,720

Average Rent Value: $1,465 / month

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