Royal, IA Foreclosures
How much do homes sell for in Royal, IA?
The average home price is currently $166,861.
In Royal, IA, how many homes are available?
There are currently 1 active home listings available in Royal.
What’s the average rental cost in Royal, IA?
The average rental price in Royal is $1,022.
What is the most expensive home in Royal?
The most expensive home sold in Royal had a price of $2,227,343.
What is currently the cheapest priced home in Royal, IA?
The cheapest home for sale in Royal is priced at $10,874.
Living in Royal, IA
Royal, IA is a quaint, rural town characterized by its friendly atmosphere and sense of community. Residents enjoy ample outdoor activities and local amenities that cater to their everyday needs. It's an ideal place for families looking for a peaceful, small-town lifestyle.
Current Market Conditions in Royal, IA
The real estate market in Royal, IA, is currently stable, with a slight increase in property values due to the town's appeal as a peaceful lifestyle choice. Inventory levels are moderate, and demand from buyers seeking affordable housing options is steady, leading to a balanced market overall. Buyers tend to appreciate the community's charm and are willing to invest in properties that reflect that appeal.
In recent months, there has been a growing interest in homes in Royal, especially among first-time buyers and retirees. The affordability of homes compared to larger urban centers has attracted more families looking for sustainable, community-focused living.
Home Value Estimator For Royal, IA
There are currently 284 real estate properties
in Royal, IA,
with a median automated valuation model (AVM) price
of $114,198.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Royal, 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 Royal, IA,
is $166,861.00, with the most expensive house
in Royal, IA, topping out
at $2,227,343.00 and the cheapest home
in Royal, IA,
clocking in at $10,874.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Royal, IA!
Rent Prices
In Royal, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Royal, IA, is on
a rollercoaster ride. The
average rent price in Royal, IA,
is $1,022.00. Indeed, when looking to rent in
Royal, IA, you can expect to pay as little
as $560.00 or as much
as $2,020.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Royal, 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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