Traer, IA Foreclosures
How much do homes sell for in Traer, IA?
The average home price is currently $202,096.
In Traer, IA, how many homes are available?
There are currently 24 active home listings available in Traer.
What’s the average rental cost in Traer, IA?
The average rental price in Traer is $1,312.
What is the most expensive home in Traer?
The most expensive home sold in Traer had a price of $1,055,846.
What is currently the cheapest priced home in Traer, IA?
The cheapest home for sale in Traer is priced at $13,214.
Living in Traer, IA
Traer, IA is a quaint small town that offers a warm community atmosphere and a variety of outdoor activities. Residents can enjoy local parks, schools, and a rich history. Its location provides easy access to larger cities while maintaining a peaceful rural lifestyle.
Current Market Conditions in Traer, IA
The real estate market in Traer is stable, with a mix of older homes and newer constructions that cater to diverse families. The average price of homes remains affordable compared to urban areas, attracting buyers looking for value and a community vibe. There is an ongoing interest in revitalizing older homes, and new listings often generate competitive offers, indicating a healthy market activity.
With the current trend towards remote working, more individuals and families are seeking homes in smaller towns like Traer, leading to an increase in interest in listings. The market remains attractive for first-time homebuyers and those looking to relocate from urban settings. Prices have seen a modest increase this year due to the heightened demand.
Home Value Estimator For Traer, IA
There are currently 972 real estate properties
in Traer, IA,
with a median automated valuation model (AVM) price
of $168,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Traer, 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 Traer, IA,
is $202,096.00, with the most expensive house
in Traer, IA, topping out
at $1,055,846.00 and the cheapest home
in Traer, IA,
clocking in at $13,214.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Traer, IA!
Rent Prices
In Traer, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Traer, IA, is on
a rollercoaster ride. The
average rent price in Traer, IA,
is $1,312.00. Indeed, when looking to rent in
Traer, IA, you can expect to pay as little
as $760.00 or as much
as $2,030.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Traer, 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.
Learn more on Foreclosure homes
