Living in Newell, IA
Newell, IA is a charming small town that boasts a close-knit community atmosphere and access to natural beauty. With a range of outdoor activities, good schools, and an affordable cost of living, it is an attractive option for families and retirees alike. Enjoy the simplicity of rural life while being close enough to larger urban areas for additional amenities.
Current Market Conditions in Newell, IA
The real estate market in Newell, IA has remained stable over the past few months, with moderate activity in both home sales and listings. The community’s affordable homes and quality of life continue to attract buyers, particularly new families and retirees seeking a quieter lifestyle away from the city.
In recent weeks, the demand for homes in Newell has shown slight signs of increase, with a few properties receiving multiple offers shortly after being listed. This trend suggests a growing interest in the area, likely driven by its reputation for affordability and community-oriented living.
Home Value Estimator For Newell, IA
There are currently 594 real estate properties
in Newell, IA,
with a median automated valuation model (AVM) price
of $171,966.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Newell, 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 Newell, IA,
is $210,803.00, with the most expensive house
in Newell, IA, topping out
at $3,255,938.00 and the cheapest home
in Newell, IA,
clocking in at $13,707.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newell, IA!
Rent Prices
In Newell, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newell, IA, is on
a rollercoaster ride. The
average rent price in Newell, IA,
is $1,142.00. Indeed, when looking to rent in
Newell, IA, you can expect to pay as little
as $650.00 or as much
as $1,800.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Newell, 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.
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