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Short Sale Listings in Wellman, IA

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Living in Wellman, IA

Wellman, IA, is a tight-knit community known for its charm and friendly residents. This small town offers access to quality schools, beautiful parks, and a variety of recreational activities. With its proximity to larger cities, Wellman provides a peaceful living environment without sacrificing convenience.

Current Market Conditions in Wellman, IA

The real estate market in Wellman is characterized by a steady demand for homes, with a mix of affordable and more upscale properties available. Investors can find opportunities in single-family homes that cater to first-time buyers as well as families looking to settle down in the area.

Recently, home values in Wellman have shown a moderate increase, reflecting the area's appeal as a family-friendly community with strong schools and outdoor amenities. This trend is expected to continue as more people seek out quiet living environments close to urban areas.

Home Value Estimator For Wellman, IA

There are currently 1,104 real estate properties in Wellman, IA, with a median automated valuation model (AVM) price of $226,164.00. 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 $271,107.00, with the most expensive house in Wellman, IA, topping out at $2,016,003.00 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 Short Sale Listings


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