Thornton, IA Foreclosures
How much do homes sell for in Thornton, IA?
The average home price is currently $154,062.
In Thornton, IA, how many homes are available?
There are currently 3 active home listings available in Thornton.
What’s the average rental cost in Thornton, IA?
The average rental price in Thornton is $1,108.
What is the most expensive home in Thornton?
The most expensive home sold in Thornton had a price of $517,259.
What is currently the cheapest priced home in Thornton, IA?
The cheapest home for sale in Thornton is priced at $13,283.
Living in Thornton, IA
Thornton is a charming small town in Iowa, offering a tight-knit community atmosphere and a peaceful rural setting. Residents enjoy the benefits of a slower pace of life, with a variety of local parks and recreational activities available. The town is conveniently located near larger cities, providing access to more extensive amenities while maintaining its serene environment.
Current Market Conditions in Thornton, IA
Currently, Thornton's real estate market is characterized by an increasing demand for residential properties, driven by the desire for more space and affordable housing options. The competitive pricing in this area compared to larger cities nearby makes it an appealing choice for home buyers. Many families and retirees are seeking the tranquil environment and the sense of safety that small towns like Thornton provide, which is driving more interest in investments in real estate in this area.
As of late, home prices have seen a gradual uptrend due to the limited supply of properties on the market. This trend is anticipated to continue in the coming months as more people seek out suburban living, particularly in the wake of the pandemic, where remote work has made living in smaller communities more desirable.
Home Value Estimator For Thornton, IA
There are currently 312 real estate properties
in Thornton, IA,
with a median automated valuation model (AVM) price
of $127,878.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Thornton, 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 Thornton, IA,
is $154,062.00, with the most expensive house
in Thornton, IA, topping out
at $517,259.00 and the cheapest home
in Thornton, IA,
clocking in at $13,283.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Thornton, IA!
Rent Prices
In Thornton, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Thornton, IA, is on
a rollercoaster ride. The
average rent price in Thornton, IA,
is $1,108.00. Indeed, when looking to rent in
Thornton, IA, you can expect to pay as little
as $700.00 or as much
as $1,960.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Thornton, 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.