University Park, IA Foreclosures
How much do homes sell for in University Park, IA?
The average home price is currently $153,844.
In University Park, IA, how many homes are available?
There are currently 1 active home listings available in University Park.
What’s the average rental cost in University Park, IA?
The average rental price in University Park is $1,046.
What is the most expensive home in University Park?
The most expensive home sold in University Park had a price of $389,196.
What is currently the cheapest priced home in University Park, IA?
The cheapest home for sale in University Park is priced at $34,877.
Living in University Park, IA
University Park, IA, is a quaint community that combines a serene environment with strong community ties. Surrounded by beautiful nature and offering excellent educational resources, it is a perfect location for families and outdoor enthusiasts. With a variety of amenities and recreational options, University Park provides a charming small-town lifestyle close to larger urban areas.
Current Market Conditions in University Park, IA
University Park's real estate market is currently experiencing a steady trend in property values, with an increase in both sales volume and prices over the past few months. Homes in the area are seeing a slight uptick in demand, particularly among families and retirees looking for a peaceful setting with modern conveniences. Inventory remains relatively low, which is contributing to a competitive market for potential buyers.
Recent data suggests that the average time for homes on the market is decreasing, indicating a quicker turnover rate as buyers are eager to find homes in this desirable community. Investors are also taking notice, leading to an increase in home renovations and construction projects in the area.
Home Value Estimator For University Park, IA
There are currently 159 real estate properties
in University Park, IA,
with a median automated valuation model (AVM) price
of $154,931.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in University Park, 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 University Park, IA,
is $153,844.00, with the most expensive house
in University Park, IA, topping out
at $389,196.00 and the cheapest home
in University Park, IA,
clocking in at $34,877.00. In other words, there’s
something for every potential homebuyer
or savvy investor in University Park, IA!
Rent Prices
In University Park, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in University Park, IA, is on
a rollercoaster ride. The
average rent price in University Park, IA,
is $1,046.00. Indeed, when looking to rent in
University Park, IA, you can expect to pay as little
as $770.00 or as much
as $1,320.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in University Park, 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.
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