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Land Foreclosures in Russell, IA

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Russell, IA Foreclosures

Current Market Conditions in in Russell, IA As of March 2026?
Over the past month, property viewings have increased by 15% as remote work continues to allow individuals and families to seek quieter living environments. Home prices in the area have maintained their stability with slight upward pressure due to limited inventory, compelling buyers to act quickly.
How much do homes sell for in Russell, IA?
The average home price is currently $226,192.
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

Nestled in the heart of Iowa, Russell is a quiet, small town offering a tight-knit community atmosphere. With a population of just over 600 residents, it provides a peaceful lifestyle with the charm of rural living. Central to the town are local shops, parks, and friendly neighbors, making Russell an inviting place for families and individuals looking for a slower pace of life.

Buyer vs Seller Market in Russell, IA

The real estate market in Russell remains stable, with a steady demand for homes in the area. While the overall U.S. housing market experiences fluctuations, Russell provides a desirable small-town atmosphere that appeals to families and retirees alike.

Recent trends indicate that home values have appreciated slightly over the last year, with an increase in interest from homebuyers looking for affordable housing options outside larger urban centers.

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 $156,900.00. 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 $226,192.00, 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.

Russell, IA Land


Market Trend for Russell, IA

Total Listings Available: 0

Market Values:

Home Prices from $12,140 to $3,030,200

Average Sales Price: $226,192

Rental Values:

Rental from $600 to $1,980

Average Rent Value: $994 / month

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