Rhodes, IA Foreclosures
Current Market Conditions in in Rhodes, IA As of February 2026?
In the past month, real estate activity in Rhodes has remained robust, with several homes going under contract shortly after listing. The overall average price has held steady, though slightly higher than previous months due to the increased interest from buyers looking to relocate from bigger cities. Open houses are drawing significant foot traffic, showcasing the attractiveness of the community and the properties available. Sellers are encouraged to price competitively to take advantage of the current market dynamics.
How much do homes sell for in Rhodes, IA?
The average home price is currently $238,652.
In Rhodes, IA, how many homes are available?
There are currently 1 active home listings available in Rhodes.
What’s the average rental cost in Rhodes, IA?
The average rental price in Rhodes is $1,282.
What is the most expensive home in Rhodes?
The most expensive home sold in Rhodes had a price of $1,326,159.
What is currently the cheapest priced home in Rhodes, IA?
The cheapest home for sale in Rhodes is priced at $25,147.
Living in Rhodes, IA
Rhodes, IA offers a serene small-town atmosphere with close community ties and scenic landscapes. It is perfect for families seeking a quieter lifestyle while remaining connected to urban conveniences. Enjoy a variety of outdoor activities and a solid educational foundation in this beautiful Midwest town.
Buyer vs Seller Market in Rhodes, IA
The real estate market in Rhodes, IA has shown steady growth over the last few years, with an increase in home values as more people seek the tranquility of small-town living. Listings in the area often see competitive bidding, especially for homes with updates and larger lots. While prices remain affordable compared to the national average, the demand is gradually pushing values higher, making it a great time for both sellers and investors to enter the market.
As urban areas become increasingly crowded, Rhodes has emerged as a desirable location for families and individuals looking for space, security, and community. The rental market also shows promising trends, with increases in occupancy rates, indicating a rising interest in the area.
Home Value Estimator For Rhodes, IA
There are currently 410 real estate properties
in Rhodes, IA,
with a median automated valuation model (AVM) price
of $161,382.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rhodes, 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 Rhodes, IA,
is $238,652.00, with the most expensive house
in Rhodes, IA, topping out
at $1,326,159.00 and the cheapest home
in Rhodes, IA,
clocking in at $25,147.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rhodes, IA!
Rent Prices
In Rhodes, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rhodes, IA, is on
a rollercoaster ride. The
average rent price in Rhodes, IA,
is $1,282.00. Indeed, when looking to rent in
Rhodes, IA, you can expect to pay as little
as $760.00 or as much
as $2,570.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Rhodes, 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
