Patterson, IA Foreclosures
How much do homes sell for in Patterson, IA?
The average home price is currently $150,079.
In Patterson, IA, how many homes are available?
There are currently 11 active home listings available in Patterson.
What’s the average rental cost in Patterson, IA?
The average rental price in Patterson is $1,326.
What is the most expensive home in Patterson?
The most expensive home sold in Patterson had a price of $365,048.
What is currently the cheapest priced home in Patterson, IA?
The cheapest home for sale in Patterson is priced at $38,319.
Living in Patterson, IA
Patterson, Iowa, is a quaint rural town known for its scenic beauty and small community feel. With rolling hills and a welcoming atmosphere, it’s ideal for those seeking a peaceful lifestyle away from bustling cities. The town benefits from a strong sense of community with local events and activities that unite its residents.
Current Market Conditions in Patterson, IA
The Patterson real estate market has shown signs of stability, with steady home values and a slow but consistent increase in demand. The population growth in rural areas has begun to drive interest in single-family homes as more people seek quieter surroundings with lower living costs.
Current market conditions indicate that buyers are eager for family homes, particularly those with larger lots or rural properties that allow for increased space and privacy. However, inventory remains somewhat limited, making the market competitive for available listings.
Home Value Estimator For Patterson, IA
There are currently 70 real estate properties
in Patterson, IA,
with a median automated valuation model (AVM) price
of $150,665.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Patterson, 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 Patterson, IA,
is $150,079.00, with the most expensive house
in Patterson, IA, topping out
at $365,048.00 and the cheapest home
in Patterson, IA,
clocking in at $38,319.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Patterson, IA!
Rent Prices
In Patterson, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Patterson, IA, is on
a rollercoaster ride. The
average rent price in Patterson, IA,
is $1,326.00. Indeed, when looking to rent in
Patterson, IA, you can expect to pay as little
as $850.00 or as much
as $1,790.00,
with the average rent median estimated to
be $1,360.00. The good news is that finding
an affordable and desirable property to rent in Patterson, 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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