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Foreclosure Homes in Rake, IA

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Rake, IA Foreclosures

Current Market Conditions in in Rake, IA As of February 2026?
Over the past month, Rake has seen a slight decrease in home listings, which may create more competition among buyers. This trend is typical for the time of year as families prepare for the upcoming school year. Home prices have remained stable, allowing potential buyers to confidently invest in the market without fear of overpaying.
How much do homes sell for in Rake, IA?
The average home price is currently $136,269.
In Rake, IA, how many homes are available?
There are currently 8 active home listings available in Rake.
What’s the average rental cost in Rake, IA?
The average rental price in Rake is $954.
What is the most expensive home in Rake?
The most expensive home sold in Rake had a price of $1,203,500.
What is currently the cheapest priced home in Rake, IA?
The cheapest home for sale in Rake is priced at $24,150.

Living in Rake, IA

Rake, Iowa is a charming small town that offers a peaceful lifestyle with a strong sense of community. Located in northern Iowa, it is surrounded by beautiful landscapes and provides access to local amenities and outdoor activities. Ideal for families or retirees, Rake is a welcoming place to call home.

Buyer vs Seller Market in Rake, IA

The real estate market in Rake, IA has shown stability over the past few years, with a modest increase in property values due to the area's appeal for those seeking a tranquil living environment. Homes in Rake tend to attract buyers looking for affordability and a close-knit community. Recent trends indicate growing interest in the area, particularly among retirees and families seeking a slower pace of life.

Home Value Estimator For Rake, IA

There are currently 93 real estate properties in Rake, IA, with a median automated valuation model (AVM) price of $69,790.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rake, 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 Rake, IA, is $136,269.00, with the most expensive house in Rake, IA, topping out at $1,203,500.00 and the cheapest home in Rake, IA, clocking in at $24,150.00. In other words, there’s something for every potential homebuyer or savvy investor in Rake, IA!

Rent Prices In Rake, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rake, IA, is on a rollercoaster ride. The average rent price in Rake, IA, is $954.00. Indeed, when looking to rent in Rake, IA, you can expect to pay as little as $650.00 or as much as $1,820.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Rake, 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.

Rake, IA Foreclosures

Market Trend for Rake, IA

Total Listings Available: 8

Market Values:

Home Prices from $24,150 to $1,203,500

Average Sales Price: $136,269

Rental Values:

Rental from $650 to $1,820

Average Rent Value: $954 / month

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