Wadena, IA Foreclosures
How much do homes sell for in Wadena, IA?
The average home price is currently $243,243.
In Wadena, IA, how many homes are available?
There are currently 1 active home listings available in Wadena.
What’s the average rental cost in Wadena, IA?
The average rental price in Wadena is $1,173.
What is the most expensive home in Wadena?
The most expensive home sold in Wadena had a price of $905,922.
What is currently the cheapest priced home in Wadena, IA?
The cheapest home for sale in Wadena is priced at $22,783.
Living in Wadena, IA
Wadena is a quaint, small town in Iowa known for its friendly community and picturesque landscapes. It offers a mix of agricultural charm and modern amenities, making it an appealing place for families and retirees. The town provides a peaceful lifestyle while being a short drive from larger urban centers for additional conveniences.
Current Market Conditions in Wadena, IA
Currently, Wadena's real estate market is stable, with a mild appreciation in home values observed over the last year. The demand for homes remains strong due to the welcoming environment and affordability of living in the area, particularly attracting families and retirees seeking a quieter lifestyle.
New construction projects are emerging, demonstrating a growing interest in relocating to Wadena. With the influx of incoming residents, the demand for updated modern homes has increased, stimulating local renovations of older properties.
The rental market also shows promise, with more individuals looking to lease homes rather than purchase, particularly among younger professionals drawn to the charm of a small town.
Home Value Estimator For Wadena, IA
There are currently 226 real estate properties
in Wadena, IA,
with a median automated valuation model (AVM) price
of $183,675.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wadena, 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 Wadena, IA,
is $243,243.00, with the most expensive house
in Wadena, IA, topping out
at $905,922.00 and the cheapest home
in Wadena, IA,
clocking in at $22,783.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wadena, IA!
Rent Prices
In Wadena, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wadena, IA, is on
a rollercoaster ride. The
average rent price in Wadena, IA,
is $1,173.00. Indeed, when looking to rent in
Wadena, IA, you can expect to pay as little
as $680.00 or as much
as $1,760.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Wadena, 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
