Promise City, IA Foreclosures
How much do homes sell for in Promise City, IA?
The average home price is currently $225,325.
In Promise City, IA, how many homes are available?
There are currently 14 active home listings available in Promise City.
What’s the average rental cost in Promise City, IA?
The average rental price in Promise City is $1,015.
What is the most expensive home in Promise City?
The most expensive home sold in Promise City had a price of $763,896.
What is currently the cheapest priced home in Promise City, IA?
The cheapest home for sale in Promise City is priced at $40,199.
Living in Promise City, IA
Promise City is a quaint small town located in southern Iowa, known for its friendly community and picturesque rural landscapes. The area offers a peaceful lifestyle with easy access to outdoor activities, such as hiking, fishing, and farming. Residents enjoy a blend of small-town charm with essential amenities and local businesses.
Current Market Conditions in Promise City, IA
The real estate market in Promise City remains stable with a mix of families, retirees, and new residents looking to settle in. The affordability of homes continues to attract buyers, especially those looking for a peaceful lifestyle in a rural setting.
In the past year, Promise City has seen a moderate increase in home prices, driven by demand for single-family homes. The area’s charm and community-driven environment make it a desirable place to live.
Home Value Estimator For Promise City, IA
There are currently 120 real estate properties
in Promise City, IA,
with a median automated valuation model (AVM) price
of $187,700.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Promise City, 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 Promise City, IA,
is $225,325.00, with the most expensive house
in Promise City, IA, topping out
at $763,896.00 and the cheapest home
in Promise City, IA,
clocking in at $40,199.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Promise City, IA!
Rent Prices
In Promise City, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Promise City, IA, is on
a rollercoaster ride. The
average rent price in Promise City, IA,
is $1,015.00. Indeed, when looking to rent in
Promise City, IA, you can expect to pay as little
as $710.00 or as much
as $1,370.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Promise City, 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
