Peterson, IA Foreclosures
Current Market Conditions in in Peterson, IA As of January 2026?
Over the past month, Peterson has seen a small uptick in home sales, attributed to the seasonal increase in buyer activity during the fall. Listing prices have remained steady, and homes that are well-maintained and priced competitively are selling faster, indicating a healthy interest in the local market as more individuals look for homes that offer a sense of community and tranquility.
How much do homes sell for in Peterson, IA?
The average home price is currently $180,847.
In Peterson, IA, how many homes are available?
There are currently 9 active home listings available in Peterson.
What’s the average rental cost in Peterson, IA?
The average rental price in Peterson is $1,027.
What is the most expensive home in Peterson?
The most expensive home sold in Peterson had a price of $1,472,819.
What is currently the cheapest priced home in Peterson, IA?
The cheapest home for sale in Peterson is priced at $10,139.
Living in Peterson, IA
Peterson, Iowa is a serene small town that combines rural charm with community spirit. It's ideal for those seeking a peaceful lifestyle surrounded by beautiful landscapes and close-knit neighbors. With ample outdoor activities and essential amenities just a short drive away, Peterson is an excellent location for families and nature lovers alike.
Buyer vs Seller Market in Peterson, IA
The current real estate market in Peterson is favorable for both buyers and sellers. Home prices have remained stable while inventory levels are manageable. As demand grows for quiet small-town living, Peterson continues to attract buyers looking for affordable housing options, leading to increased interest in the market.
Historically, Peterson has experienced a modest appreciation in home values, and this trend appears to be continuing as more people seek homes in rural areas. With limited options, homes are seeing quicker sales, often at or above listing prices.
Home Value Estimator For Peterson, IA
There are currently 431 real estate properties
in Peterson, IA,
with a median automated valuation model (AVM) price
of $131,214.00. 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 $180,847.00, with the most expensive house
in Peterson, IA, topping out
at $1,472,819.00 and the cheapest home
in Peterson, IA,
clocking in at $10,139.00. 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 $1,027.00. 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.
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