Russell, IA Foreclosures
Current Market Conditions in in Russell, IA As of January 2026?
Over the last month, the housing market in Russell has remained stable, with a few new listings attracting significant interest. Homes continue to sell within a reasonable timeframe, reflecting the area's desirability. Local realtors report an uptick in inquiries from potential buyers who appreciate the town's character and community-oriented lifestyle.
How much do homes sell for in Russell, IA?
The average home price is currently $221,676.
In Russell, IA, how many homes are available?
There are currently 24 active home listings available in Russell.
What’s the average rental cost in Russell, IA?
The average rental price in Russell is $994.
What is the most expensive home in Russell?
The most expensive home sold in Russell had a price of $3,030,200.
What is currently the cheapest priced home in Russell, IA?
The cheapest home for sale in Russell is priced at $12,140.
Living in Russell, IA
Russell, IA is a charming small town that offers a close-knit community feel with easy access to outdoor activities and local amenities. It is known for its friendly residents and quality schools, making it an ideal place for families and those appreciating a quieter lifestyle.
Buyer vs Seller Market in Russell, IA
The real estate market in Russell, IA has shown consistent growth over the past year, with a slight increase in average home prices. This trend indicates a strengthening interest in the area, particularly from homebuyers looking for affordable homes with a rural charm and a supportive community.
In recent months, the competition for homes has intensified, leading to quicker sales and potential bidding wars for desirable properties. As families and individuals look for more space and a peaceful lifestyle away from urban centers, Russell has become increasingly attractive.
Home Value Estimator For Russell, IA
There are currently 541 real estate properties
in Russell, IA,
with a median automated valuation model (AVM) price
of $156,016.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Russell, 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 Russell, IA,
is $221,676.00, with the most expensive house
in Russell, IA, topping out
at $3,030,200.00 and the cheapest home
in Russell, IA,
clocking in at $12,140.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Russell, IA!
Rent Prices
In Russell, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Russell, IA, is on
a rollercoaster ride. The
average rent price in Russell, IA,
is $994.00. Indeed, when looking to rent in
Russell, IA, you can expect to pay as little
as $600.00 or as much
as $1,980.00,
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 Russell, 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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