Marengo, IA Home Values & Market Trends

Real estate market trends reflect that there have been 18 transactions over the past year in Marengo. The median value for residential home transactions that occurred over the previous year is $147,960.51. The number of current listings in Marengo is 4, and the percentage of properties for sale in the city is 4.00%. Marengo, IA currently has 4 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 4 properties for sale.

Marengo, IA Real Estate Market Overview

ZipMedian Est. Value
52301

$ 106,786

$ 74/sqft

Housing Market Summary for Marengo, IA

Apr 2023March 2024Change
Median Listing Price$139.9K$167.8K19.96%
Median Sold Price$176.5K$167.8K-4.92%
Homes For Sale119-18.18%
Homes Sold96-33.33%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Marengo, IA

Marengo home values range from $21,770 to $604,886. The median estimated value of a home in Marengo is $147,960.51. The median list price of a home is 124,700, and the total count of properties in the city is 1,306.

Foreclosure
There is 1 zips within Marengo, IA; within this zips, the median estimated home value for homes in foreclosure ranges from $125,157 in 52301 to the lowest value of $60,121 in 52301. Foreclosure homes account for 0.00% of properties in Marengo, IA with 52301 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.23% of all residential properties in Marengo, IA with 52301 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Marengo, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $125,157 in 52301 to the lowest home value of $91,657 in 52301.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Marengo, IA ranges from the highest value of $60,121 in 52301 to the lowest value of $60,121 in 52301. Bank owned homes and properties account for 0.08% of properties in Marengo, IA. There is 1 zips within Marengo, IA; 52301 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Marengo, IA. Auction homes and other auction properties account for 0% of all properties in Marengo, IA. There is 1 zips within Marengo, IA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in Marengo, IA with 52301 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Marengo, IA; homes for sale in that zips, have a range of median values from $129,181 in 52301 to the lowest value of $47,789 in 52301.
    Sold Homes
    The median value for recently sold homes ranges from $265,947 in 52301 to the lowest price of $108,925 in 52301. There is 1 zips within Marengo, IA. 52301 has 8 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.61% of properties in Marengo, IA.

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      Guide for Marengo, IA

      Foreclosure
      Iowa Foreclosure Laws
      Market Reports
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Market Reports|posted 1 April 2024

      Des Moines’ real estate market experiences robust upward momentum, with property values increasing despite occasional fluctuations.

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Marengo, IA

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