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Foreclosure Homes in Wellman, IA

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Wellman, IA Foreclosures

How much do homes sell for in Wellman, IA?
The average home price is currently $270,146.
In Wellman, IA, how many homes are available?
There are currently 24 active home listings available in Wellman.
What’s the average rental cost in Wellman, IA?
The average rental price in Wellman is $1,406.
What is the most expensive home in Wellman?
The most expensive home sold in Wellman had a price of $1,524,766.
What is currently the cheapest priced home in Wellman, IA?
The cheapest home for sale in Wellman is priced at $13,802.

Living in Wellman, IA

Wellman, Iowa, is a small town known for its friendly community and quiet rural lifestyle. With accessible amenities and various recreational opportunities, it offers an ideal setting for families and those seeking peace. Its proximity to larger cities allows residents to enjoy both the serenity of small-town living and urban conveniences.

Current Market Conditions in Wellman, IA

The real estate market in Wellman is stable, featuring a mix of single-family homes and new constructions. Buyers can expect relatively affordable housing options, reflecting the town's modest economic growth and community-oriented living.

Trends indicate a gradual increase in home values as more people recognize the benefits of living in a rural setting with access to nearby urban centers – particularly among remote workers.

Home Value Estimator For Wellman, IA

There are currently 1,105 real estate properties in Wellman, IA, with a median automated valuation model (AVM) price of $225,715.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wellman, 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 Wellman, IA, is $270,146.00, with the most expensive house in Wellman, IA, topping out at $1,524,766.00 and the cheapest home in Wellman, IA, clocking in at $13,802.00. In other words, there’s something for every potential homebuyer or savvy investor in Wellman, IA!

Rent Prices In Wellman, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wellman, IA, is on a rollercoaster ride. The average rent price in Wellman, IA, is $1,406.00. Indeed, when looking to rent in Wellman, IA, you can expect to pay as little as $760.00 or as much as $2,210.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Wellman, 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.

Wellman, IA Foreclosures


Market Trend for Wellman, IA

Total Listings Available: 24

Market Values:

Home Prices from $13,802 to $1,524,766

Average Sales Price: $270,146

Rental Values:

Rental from $760 to $2,210

Average Rent Value: $1,406 / month

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