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Multi-family Foreclosures in Peterson, IA 51047

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Peterson, IA Foreclosures

How much do homes sell for in Peterson, IA?
The average home price is currently $177,638.
What’s the average rental cost in Peterson, IA?
The average rental price in Peterson is $1,028.
What is the most expensive home in Peterson?
The most expensive home sold in Peterson had a price of $1,489,164.
What is currently the cheapest priced home in Peterson, IA?
The cheapest home for sale in Peterson is priced at $10,188.

Living in Peterson, IA

Nestled in the picturesque landscape of Clay County, Peterson, IA, is a small yet vibrant community that combines the tranquility of rural living with access to local amenities. With its welcoming atmosphere and beautiful surroundings, Peterson serves as an ideal location for families and retirees alike. The town's strong sense of community is evident in its local events and gatherings, making it a place where neighbors quickly become friends.

Current Market Conditions in Peterson, IA

The real estate market in Peterson, IA, has shown steady growth over the past year, with an increase in home values as buyers seek the tranquility of small-town living. The market remains competitive, attracting both first-time homeowners and investors looking for rental properties. As remote work becomes more popular, many families are considering Peterson for its affordability and quality of life.

Home Value Estimator For Peterson, IA

There are currently 361 real estate properties in Peterson, IA, with a median automated valuation model (AVM) price of $133,892.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Peterson, 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 Peterson, IA, is $177,638.00, with the most expensive house in Peterson, IA, topping out at $1,489,164.00 and the cheapest home in Peterson, IA, clocking in at $10,188.00. In other words, there’s something for every potential homebuyer or savvy investor in Peterson, IA!

Rent Prices In Peterson, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Peterson, IA, is on a rollercoaster ride. The average rent price in Peterson, IA, is $1,028.00. Indeed, when looking to rent in Peterson, IA, you can expect to pay as little as $670.00 or as much as $2,100.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Peterson, 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.

Peterson, IA 51047 Multi-family Homes

Market Trend for Peterson, IA

Total Listings Available: 0

Market Values:

Home Prices from $10,188 to $1,489,164

Average Sales Price: $177,638

Rental Values:

Rental from $670 to $2,100

Average Rent Value: $1,028 / month

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