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Short Sale Listings in Rake, IA

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Rake, IA Foreclosures

How much do homes sell for in Rake, IA?
The average home price is currently $125,474.
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 $947.
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 $23,460.

Living in Rake, IA

Rake, IA is a charming small town that offers a friendly community, essential amenities, and a peaceful lifestyle. With a range of outdoor activities and quality schooling options, Rake is ideal for families and retirees seeking a quiet place to call home. Residents enjoy community events that promote togetherness and a sense of belonging.

Current Market Conditions in Rake, IA

Rake's real estate market is characterized by affordable housing options, attracting both first-time buyers and investors. The steady population has led to a steady demand for homes, and property values have shown consistent growth over the past few years. The market remains competitive, though prices are still lower compared to urban areas.

Recent trends indicate an increasing interest in rural living, as more individuals and families seek out quiet communities like Rake. This shift has contributed to a gradual rise in home prices and an influx of new residents, further stimulating the local economy and community growth.

Home Value Estimator For Rake, IA

There are currently 71 real estate properties in Rake, IA, with a median automated valuation model (AVM) price of $65,381.00. 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 $125,474.00, 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 $23,460.00. 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 $947.00. 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 $880.00. 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 Short Sale Listings

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