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Preforeclosure Homes in Palo, IA

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Palo, IA Foreclosures

How much do homes sell for in Palo, IA?
The average home price is currently $321,337.
In Palo, IA, how many homes are available?
There are currently 23 active home listings available in Palo.
What’s the average rental cost in Palo, IA?
The average rental price in Palo is $1,721.
What is the most expensive home in Palo?
The most expensive home sold in Palo had a price of $1,137,195.
What is currently the cheapest priced home in Palo, IA?
The cheapest home for sale in Palo is priced at $21,947.

Living in Palo, IA

Palo, IA, is a quaint town with a friendly community vibe. It features beautiful parks and access to various outdoor activities, making it ideal for families and those seeking a relaxed lifestyle. With convenient access to larger urban areas, residents enjoy a small-town charm without sacrificing modern amenities.

Current Market Conditions in Palo, IA

The real estate market in Palo, IA, has been steadily growing, thanks to its family-friendly atmosphere and proximity to larger cities. Homes in Palo are generally affordable compared to neighboring urban centers, and there's a mix of historic homes and newer constructions available. Investors are starting to take interest due to the potential for equity growth, especially for those looking to rent or flip houses.

Home Value Estimator For Palo, IA

There are currently 1,243 real estate properties in Palo, IA, with a median automated valuation model (AVM) price of $327,188.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palo, 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 Palo, IA, is $321,337.00, with the most expensive house in Palo, IA, topping out at $1,137,195.00 and the cheapest home in Palo, IA, clocking in at $21,947.00. In other words, there’s something for every potential homebuyer or savvy investor in Palo, IA!

Rent Prices In Palo, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palo, IA, is on a rollercoaster ride. The average rent price in Palo, IA, is $1,721.00. Indeed, when looking to rent in Palo, IA, you can expect to pay as little as $890.00 or as much as $2,590.00, with the average rent median estimated to be $1,740.00. The good news is that finding an affordable and desirable property to rent in Palo, 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.

Palo, IA Preforeclosure Homes


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