Truro, IA Foreclosures
How much do homes sell for in Truro, IA?
The average home price is currently $279,396.
In Truro, IA, how many homes are available?
There are currently 4 active home listings available in Truro.
What’s the average rental cost in Truro, IA?
The average rental price in Truro is $1,545.
What is the most expensive home in Truro?
The most expensive home sold in Truro had a price of $781,847.
What is currently the cheapest priced home in Truro, IA?
The cheapest home for sale in Truro is priced at $18,325.
Living in Truro, IA
Truro is a quaint community in southern Iowa, offering residents a peaceful rural lifestyle with easy access to larger urban areas. The town is known for its friendly atmosphere and local businesses that enhance its small-town charm. It is an ideal location for those seeking a quiet place to live while being close enough to experience the amenities of bigger cities.
Current Market Conditions in Truro, IA
The real estate market in Truro is quite stable, with modest growth observed over the recent months. The town attracts individuals looking for affordable housing options and a relaxed lifestyle. With the current interest rates favorable for buyers, there has been an uptick in property inquiries and showings in the area.
Truro’s market features a range of home prices, appealing to first-time buyers and those seeking investment properties. Properties typically sell within a reasonable time frame, and there’s a balance between supply and demand, which keeps the market healthy.
Home Value Estimator For Truro, IA
There are currently 384 real estate properties
in Truro, IA,
with a median automated valuation model (AVM) price
of $238,173.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Truro, 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 Truro, IA,
is $279,396.00, with the most expensive house
in Truro, IA, topping out
at $781,847.00 and the cheapest home
in Truro, IA,
clocking in at $18,325.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Truro, IA!
Rent Prices
In Truro, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Truro, IA, is on
a rollercoaster ride. The
average rent price in Truro, IA,
is $1,545.00. Indeed, when looking to rent in
Truro, IA, you can expect to pay as little
as $870.00 or as much
as $2,270.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Truro, 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.