Walnut, IA Foreclosures
How much do homes sell for in Walnut, IA?
The average home price is currently $198,914.
In Walnut, IA, how many homes are available?
There are currently 2 active home listings available in Walnut.
What’s the average rental cost in Walnut, IA?
The average rental price in Walnut is $1,244.
What is the most expensive home in Walnut?
The most expensive home sold in Walnut had a price of $842,602.
What is currently the cheapest priced home in Walnut, IA?
The cheapest home for sale in Walnut is priced at $20,536.
Living in Walnut, IA
Walnut, Iowa is a quaint rural town with a strong sense of community and a welcoming atmosphere. The area offers various outdoor activities and historical attractions, making it perfect for those seeking small-town charm. With local schools and essential amenities nearby, Walnut is an attractive place to live for families and individuals alike.
Current Market Conditions in Walnut, IA
The real estate market in Walnut, IA has shown steady growth, with a mixture of home styles available from historic buildings to modern new constructions. The average price of homes has been increasing gradually, indicating a healthy demand for housing within the town. Buyers can expect to find affordable options as well as more upscale properties depending on their preferences.
In recent months, more buyers have been attracted to Walnut's affordability compared to nearby urban centers. This trend has led to a brisk turnover of housing stock, with many homes selling faster than in previous years. Overall, Walnut appears to be a promising market for potential investors and homebuyers.
Fluctuations in interest rates are also influencing the Walnut market, with an increase in mortgage applications noted in the past year. This can lead to a higher competition among buyers, ultimately pushing prices upward.
Home Value Estimator For Walnut, IA
There are currently 509 real estate properties
in Walnut, IA,
with a median automated valuation model (AVM) price
of $159,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Walnut, 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 Walnut, IA,
is $198,914.00, with the most expensive house
in Walnut, IA, topping out
at $842,602.00 and the cheapest home
in Walnut, IA,
clocking in at $20,536.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Walnut, IA!
Rent Prices
In Walnut, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Walnut, IA, is on
a rollercoaster ride. The
average rent price in Walnut, IA,
is $1,244.00. Indeed, when looking to rent in
Walnut, IA, you can expect to pay as little
as $680.00 or as much
as $2,220.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Walnut, 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
