Scranton, IA Foreclosures
Current Market Conditions in in Scranton, IA As of February 2026?
Over the past month, Scranton saw a modest increase in home sales, with average prices rising slightly due to heightened buyer interest. The inventory remains relatively low, which continues to drive prices up. New listings are emerging, but they are selling quickly in this competitive market. Additionally, sellers are becoming more confident, leading to a gradual uptick in new constructions and renovations, enhancing the overall appeal of the community.
How much do homes sell for in Scranton, IA?
The average home price is currently $187,805.
In Scranton, IA, how many homes are available?
There are currently 15 active home listings available in Scranton.
What’s the average rental cost in Scranton, IA?
The average rental price in Scranton is $1,154.
What is the most expensive home in Scranton?
The most expensive home sold in Scranton had a price of $894,563.
What is currently the cheapest priced home in Scranton, IA?
The cheapest home for sale in Scranton is priced at $11,848.
Living in Scranton, IA
Scranton, Iowa, is a welcoming small town that combines a friendly atmosphere with essential amenities. It features a strong sense of community, beautiful parks, and a rich agricultural heritage, making it an attractive location for families and retirees alike.
Buyer vs Seller Market in Scranton, IA
The current real estate market in Scranton is stable, with a slight increase in home prices over the past year due to rising demand for single-family homes in rural Iowa. The average days on market have decreased, indicating a competitive environment for buyers.
Recently, there has been a noticeable trend of urban dwellers seeking the tranquility of rural living, particularly in areas like Scranton. This demand is reflected in the increasing home sales and interest in new developments within the community.
Home Value Estimator For Scranton, IA
There are currently 534 real estate properties
in Scranton, IA,
with a median automated valuation model (AVM) price
of $139,750.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scranton, 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 Scranton, IA,
is $187,805.00, with the most expensive house
in Scranton, IA, topping out
at $894,563.00 and the cheapest home
in Scranton, IA,
clocking in at $11,848.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scranton, IA!
Rent Prices
In Scranton, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scranton, IA, is on
a rollercoaster ride. The
average rent price in Scranton, IA,
is $1,154.00. Indeed, when looking to rent in
Scranton, IA, you can expect to pay as little
as $670.00 or as much
as $1,920.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Scranton, 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.