Traer, IA Foreclosures
How much do homes sell for in Traer, IA?
The average home price is currently $211,942.
In Traer, IA, how many homes are available?
There are currently 5 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 $3,979,588.
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, Iowa is a quaint small town with a tight-knit community atmosphere. It offers a rich selection of outdoor activities, quality education, and essential amenities that make it an ideal place for families and individuals looking for a peaceful lifestyle. With regular local events and friendly neighbors, Traer embodies a true sense of Midwestern hospitality.
Current Market Conditions in Traer, IA
The real estate market in Traer, IA, has seen an uptick in interest recently, particularly among first-time homebuyers seeking affordable housing options. The inventory remains low, but properties are being snapped up quickly, often within weeks of being listed. The average home price has seen a modest increase, but many homes in Traer still fall well below the national average, making it a desirable location for those looking for value.
Traer has also attracted attention from investors looking for rental properties, with distinct opportunities to improve and rent out older homes. With the continued development of local infrastructure and amenities, the future market outlook remains positive, especially as more people seek out small-town living.
Home Value Estimator For Traer, IA
There are currently 1,072 real estate properties
in Traer, IA,
with a median automated valuation model (AVM) price
of $167,372.00. 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 $211,942.00, with the most expensive house
in Traer, IA, topping out
at $3,979,588.00 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
