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Multi-family Foreclosures in Somers, IA

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Somers, IA Foreclosures

How much do homes sell for in Somers, IA?
The average home price is currently $267,677.
In Somers, IA, how many homes are available?
There are currently 2 active home listings available in Somers.
What’s the average rental cost in Somers, IA?
The average rental price in Somers is $1,015.
What is the most expensive home in Somers?
The most expensive home sold in Somers had a price of $6,386,738.
What is currently the cheapest priced home in Somers, IA?
The cheapest home for sale in Somers is priced at $17,677.

Living in Somers, IA

Somers, located in Iowa, is a quaint community that provides a peaceful rural lifestyle while still being connected to essential amenities. It features a friendly atmosphere, local shops, and a variety of outdoor activities. With its close-knit community, Somers is an ideal destination for families and individuals seeking tranquility away from urban life.

Current Market Conditions in Somers, IA

The real estate market in Somers has remained stable over the past few months. With a limited inventory of homes available, buyers looking for properties may find competition in this charming area. Homes typically sell within a reasonable time frame, often appealing to families and individuals who are drawn to Somers' serene environment.

Currently, the market is experiencing a slight increase in home prices, influenced by the demand for properties as buyers seek affordable housing options in Iowa. The community’s reputation for safety and good schools continues to attract families and retirees.

Home Value Estimator For Somers, IA

There are currently 127 real estate properties in Somers, IA, with a median automated valuation model (AVM) price of $170,010.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Somers, 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 Somers, IA, is $267,677.00, with the most expensive house in Somers, IA, topping out at $6,386,738.00 and the cheapest home in Somers, IA, clocking in at $17,677.00. In other words, there’s something for every potential homebuyer or savvy investor in Somers, IA!

Rent Prices In Somers, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Somers, IA, is on a rollercoaster ride. The average rent price in Somers, IA, is $1,015.00. Indeed, when looking to rent in Somers, IA, you can expect to pay as little as $530.00 or as much as $1,760.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Somers, 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.

Somers, IA Multi-family Homes


Market Trend for Somers, IA

Total Listings Available: 2

Market Values:

Home Prices from $17,677 to $6,386,738

Average Sales Price: $267,677

Rental Values:

Rental from $530 to $1,760

Average Rent Value: $1,015 / month

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