Rathbun, IA Foreclosures
How much do homes sell for in Rathbun, IA?
The average home price is currently $120,420.
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 $351,971.
What is currently the cheapest priced home in Rathbun, IA?
The cheapest home for sale in Rathbun is priced at $46,280.
Living in Rathbun, IA
Rathbun, Iowa, is a serene community known for its picturesque landscapes surrounding Rathbun Lake, one of the largest artificial lakes in Iowa. The area offers a peaceful, rural lifestyle with a tight-knit community atmosphere. Its recreational activities, including fishing, boating, and hiking, make it an attractive place for outdoor enthusiasts.
Current Market Conditions in Rathbun, IA
Rathbun has experienced a stable real estate market, with a mix of affordable housing options and some higher-value homes benefiting from their proximity to the lake. There is a growing interest in the area due to its recreational opportunities and scenic views, leading to a slight uptick in home values over the previous year. Investors and homebuyers are increasingly recognizing Rathbun as a hidden gem offering a peaceful lifestyle away from metropolitan hustle.
Despite being a smaller town, Rathbun has seen a consistent demand for homes, particularly from retirees and families looking for larger properties. This has led to a balanced market with enough listings to meet buyer needs while maintaining property values.
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 $91,919.00. 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 $120,420.00, with the most expensive house
in Rathbun, IA, topping out
at $351,971.00 and the cheapest home
in Rathbun, IA,
clocking in at $46,280.00. 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.
Learn more on Foreclosure homes
