Portsmouth, IA Foreclosures
How much do homes sell for in Portsmouth, IA?
The average home price is currently $286,134.
In Portsmouth, IA, how many homes are available?
There are currently 1 active home listings available in Portsmouth.
What’s the average rental cost in Portsmouth, IA?
The average rental price in Portsmouth is $1,416.
What is the most expensive home in Portsmouth?
The most expensive home sold in Portsmouth had a price of $2,098,060.
What is currently the cheapest priced home in Portsmouth, IA?
The cheapest home for sale in Portsmouth is priced at $19,406.
Living in Portsmouth, IA
Portsmouth, IA is a quaint small town that offers a peaceful rural lifestyle with a strong sense of community. Residents here enjoy easy access to outdoor activities and local amenities. With well-rated schools and friendly neighbors, it's an ideal place for families and individuals alike.
Current Market Conditions in Portsmouth, IA
The real estate market in Portsmouth is relatively stable, characterized by modest growth in property values and a limited inventory of homes. As of late 2023, the average home price reflects an increase from the previous year, driven by the town's appeal to families seeking affordable living in a community-centric environment. Homes typically sell within a reasonable timeframe as demand remains consistent.
Interest from out-of-town buyers has been noted, largely due to the remote work trend, where individuals are seeking more home for their money outside urban centers. As a result, the popularity of Portsmouth is expected to grow, which could further impact housing availability and prices.
Home Value Estimator For Portsmouth, IA
There are currently 209 real estate properties
in Portsmouth, IA,
with a median automated valuation model (AVM) price
of $233,600.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Portsmouth, 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 Portsmouth, IA,
is $286,134.00, with the most expensive house
in Portsmouth, IA, topping out
at $2,098,060.00 and the cheapest home
in Portsmouth, IA,
clocking in at $19,406.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Portsmouth, IA!
Rent Prices
In Portsmouth, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Portsmouth, IA, is on
a rollercoaster ride. The
average rent price in Portsmouth, IA,
is $1,416.00. Indeed, when looking to rent in
Portsmouth, IA, you can expect to pay as little
as $920.00 or as much
as $2,100.00,
with the average rent median estimated to
be $1,390.00. The good news is that finding
an affordable and desirable property to rent in Portsmouth, 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.
Learn more on Foreclosure homes
