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Condo Foreclosures in Paton, IA

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Paton, IA Foreclosures

Current Market Conditions in in Paton, IA As of April 2026?
Over the past month, Paton has experienced a slight uptick in home sales activity, driven by renewed interest in rural living. Potential buyers are showing more willingness to invest in homes as interest rates remain favorable. However, the inventory has remained tight, with listings experiencing a faster turnover compared to previous months. This trend indicates a positive outlook for the local real estate market, suggesting that homes may begin to appreciate further as demand grows.
How much do homes sell for in Paton, IA?
The average home price is currently $237,008.
What’s the average rental cost in Paton, IA?
The average rental price in Paton is $1,171.
What is the most expensive home in Paton?
The most expensive home sold in Paton had a price of $10,988,229.
What is currently the cheapest priced home in Paton, IA?
The cheapest home for sale in Paton is priced at $31,756.

Living in Paton, IA

Paton, IA, is a quaint rural community characterized by its friendly atmosphere and scenic landscapes. For those seeking a peaceful life away from the city hustle, this town offers a warm small-town feel with accessible outdoor recreation. Local amenities can be found nearby, adding to the town's appeal for families and retirees alike.

Buyer vs Seller Market in Paton, IA

The real estate market in Paton has shown signs of stability over the last year. Homes are priced reasonably, making it an attractive option for first-time buyers and retirees looking to downsize. With a limited number of homes available, interested buyers may need to act quickly to secure a property in this desirable area.

The market is gradually becoming competitive, with a steady increase in property values observed as demand begins to rise. The community's appeal, coupled with the affordability of homes, continues to attract new residents.

Home Value Estimator For Paton, IA

There are currently 244 real estate properties in Paton, IA, with a median automated valuation model (AVM) price of $134,352.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Paton, 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 Paton, IA, is $237,008.00, with the most expensive house in Paton, IA, topping out at $10,988,229.00 and the cheapest home in Paton, IA, clocking in at $31,756.00. In other words, there’s something for every potential homebuyer or savvy investor in Paton, IA!

Rent Prices In Paton, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paton, IA, is on a rollercoaster ride. The average rent price in Paton, IA, is $1,171.00. Indeed, when looking to rent in Paton, IA, you can expect to pay as little as $700.00 or as much as $2,020.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Paton, 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.

Paton, IA Condos


Market Trend for Paton, IA

Total Listings Available: 0

Market Values:

Home Prices from $31,756 to $10,988,229

Average Sales Price: $237,008

Rental Values:

Rental from $700 to $2,020

Average Rent Value: $1,171 / month

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