Living in Rhodes, IA
Rhodes, IA is a quaint and friendly small town characterized by its rural charm and tight-knit community. It offers residents a peaceful lifestyle amidst beautiful farmland and strong educational institutions. Access to nearby larger towns and highways makes Rhodes an attractive location for families and individuals seeking a balance between tranquility and connectivity.
Current Market Conditions in Rhodes, IA
The real estate market in Rhodes has remained stable, with a slight increase in home prices attributed to a growing interest in rural living. The small-town charm and proximity to nearby cities contribute to the desirability of the area. Current listings reflect a range of prices, making homes accessible for both first-time buyers and those looking for larger properties.
Over the last year, there has been a consistent demand for homes in Rhodes. The market has been somewhat competitive, with homes selling quickly due to limited inventory. Potential buyers are increasingly drawn to the area for its community spirit, outdoor activities, and quality of life.
Home Value Estimator For Rhodes, IA
There are currently 381 real estate properties
in Rhodes, IA,
with a median automated valuation model (AVM) price
of $152,220.00. 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 $221,432.00, with the most expensive house
in Rhodes, IA, topping out
at $1,687,908.00 and the cheapest home
in Rhodes, IA,
clocking in at $20,770.00. 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.
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