Packwood, IA Foreclosures
How much do homes sell for in Packwood, IA?
The average home price is currently $201,819.
In Packwood, IA, how many homes are available?
There are currently 1 active home listings available in Packwood.
What’s the average rental cost in Packwood, IA?
The average rental price in Packwood is $1,208.
What is the most expensive home in Packwood?
The most expensive home sold in Packwood had a price of $850,037.
What is currently the cheapest priced home in Packwood, IA?
The cheapest home for sale in Packwood is priced at $20,490.
Living in Packwood, IA
Packwood is a quaint, rural town in Iowa that offers a peaceful lifestyle with a strong sense of community. It features local amenities and recreational opportunities, making it a great place for families and retirees alike. The town's scenic surroundings provide a perfect backdrop for outdoor activities.
Current Market Conditions in Packwood, IA
The real estate market in Packwood, IA is showing signs of modest activity and stability. With a population of around 350, home prices have experienced slight appreciation, particularly for single-family homes near the town center, which are appealing to both first-time buyers and investors. The overall affordability is attracting new residents looking for lower-cost housing options away from urban centers.
Home Value Estimator For Packwood, IA
There are currently 202 real estate properties
in Packwood, IA,
with a median automated valuation model (AVM) price
of $157,094.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Packwood, 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 Packwood, IA,
is $201,819.00, with the most expensive house
in Packwood, IA, topping out
at $850,037.00 and the cheapest home
in Packwood, IA,
clocking in at $20,490.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Packwood, IA!
Rent Prices
In Packwood, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Packwood, IA, is on
a rollercoaster ride. The
average rent price in Packwood, IA,
is $1,208.00. Indeed, when looking to rent in
Packwood, IA, you can expect to pay as little
as $790.00 or as much
as $2,030.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Packwood, 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.