Rathbun, IA Foreclosures
How much do homes sell for in Rathbun, IA?
The average home price is currently $115,604.
What’s the average rental cost in Rathbun, IA?
The average rental price in Rathbun is $876.
What is the most expensive home in Rathbun?
The most expensive home sold in Rathbun had a price of $353,317.
What is currently the cheapest priced home in Rathbun, IA?
The cheapest home for sale in Rathbun is priced at $13,880.
Living in Rathbun, IA
Rathbun, Iowa is a quaint lakeside community known for its tranquility and outdoor recreation. Residents enjoy various activities along Rathbun Lake, including fishing, boating, and hiking. With a close-knit atmosphere and family-friendly amenities, Rathbun offers an ideal setting for those seeking peaceful, rural living.
Current Market Conditions in Rathbun, IA
The Rathbun real estate market has seen a gradual increase in home prices over the past year, with a strong demand for lakefront properties, reflecting a broader trend of people seeking outdoor lifestyles amidst the pandemic. Homes in this area typically sell quickly, especially those with direct access to Rathbun Lake, indicating a competitive market.
As of the current month, market conditions remain steady, with slight fluctuations in inventory levels. The interest rates still being relatively low have kept buyer enthusiasm high, with new families moving in seeking a quieter life close to nature, which could result in further price increases.
Home Value Estimator For Rathbun, IA
There are currently 41 real estate properties
in Rathbun, IA,
with a median automated valuation model (AVM) price
of $91,047.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rathbun, 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 Rathbun, IA,
is $115,604.00, with the most expensive house
in Rathbun, IA, topping out
at $353,317.00 and the cheapest home
in Rathbun, IA,
clocking in at $13,880.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rathbun, IA!
Rent Prices
In Rathbun, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rathbun, IA, is on
a rollercoaster ride. The
average rent price in Rathbun, IA,
is $876.00. Indeed, when looking to rent in
Rathbun, IA, you can expect to pay as little
as $650.00 or as much
as $1,240.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Rathbun, 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.
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