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Multi-family Foreclosures in Rake, IA

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Rake, IA Foreclosures

Current Market Conditions in in Rake, IA As of April 2026?
In the past month, the real estate market in Rake has shown a steady pace of activity, with a few new listings coming to market. Buyers are becoming more active as they see the benefits of living in this peaceful environment. Home prices have remained stable, but interest from buyers looking for larger homes is causing some upward pressure on prices, particularly in desirable neighborhoods.
How much do homes sell for in Rake, IA?
The average home price is currently $139,601.
In Rake, IA, how many homes are available?
There are currently 1 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 $27,217.

Living in Rake, IA

Rake, IA is a charming small town perfect for those seeking a quiet and friendly environment. Known for its agricultural roots, the town offers a sense of community living that is hard to find in larger cities. With good local schools and access to outdoor activities, it’s an ideal place for families and individuals alike.

Buyer vs Seller Market in Rake, IA

The real estate market in Rake is currently stable, with a mix of affordable housing options and some sought-after properties for buyers looking for quaint homes in a rural setting. The community's charm and family-friendly atmosphere attract potential buyers, contributing to a moderate demand in the area.

Based on recent trends, Rake has seen a slight increase in property values as more people search for homes away from urban congestion. The demand is particularly strong for homes with larger plots of land, appealing to those who enjoy gardening or outdoor activities.

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 $72,487.00. 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 $139,601.00, 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 $27,217.00. 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 Multi-family Homes

Market Trend for Rake, IA

Total Listings Available: 1

Market Values:

Home Prices from $27,217 to $1,203,500

Average Sales Price: $139,601

Rental Values:

Rental from $650 to $1,820

Average Rent Value: $954 / month

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