Living in Wallingford, IA
Wallingford, IA is a quaint rural community that offers a tranquil lifestyle surrounded by picturesque farmland. With friendly neighbors and numerous outdoor recreational activities, it serves as a perfect escape from urban life. The proximity to larger towns means that essential amenities are just a short drive away.
Current Market Conditions in Wallingford, IA
The real estate market in Wallingford is currently favorable for investors, with property prices remaining relatively stable compared to urban areas. Homes in the region tend to have greater square footage and outdoor space at a lower price point, appealing to buyers looking for value.
There has been a noticeable trend of families and retirees moving to rural areas, including Wallingford, due to the increasing desire for a quieter lifestyle and more affordable housing options. This shift could present opportunities for real estate investors aiming to capitalize on this growing interest.
Home Value Estimator For Wallingford, IA
There are currently 147 real estate properties
in Wallingford, IA,
with a median automated valuation model (AVM) price
of $125,503.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wallingford, 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 Wallingford, IA,
is $161,233.00, with the most expensive house
in Wallingford, IA, topping out
at $591,126.00 and the cheapest home
in Wallingford, IA,
clocking in at $10,748.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wallingford, IA!
Rent Prices
In Wallingford, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wallingford, IA, is on
a rollercoaster ride. The
average rent price in Wallingford, IA,
is $1,124.00. Indeed, when looking to rent in
Wallingford, IA, you can expect to pay as little
as $660.00 or as much
as $1,570.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Wallingford, 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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