Sanborn, IA Home Values & Market Trends

Real estate market trends reflect that there have been 15 transactions over the past year in Sanborn. The median value for residential home transactions that occurred over the previous year is $118,144. The number of current listings in Sanborn is 2, and the percentage of properties for sale in the city is 2.00%. Sanborn, IA currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 2 properties for sale.

Sanborn, IA Real Estate Market Overview

ZipMedian Est. Value
51248

$ 186,235

$ 95/sqft

Housing Market Summary for Sanborn, IA

Apr 2023March 2024Change
Median Listing Price$282.4K$73,460-73.99%
Median Sold Price$127K$73,460-42.16%
Homes For Sale21-50.00%
Homes Sold5740.00%
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 Sanborn, IA

Sanborn home values range from $24,785 to $1,228,690. The median estimated value of a home in Sanborn is $118,144. The median list price of a home is 178,750, and the total count of properties in the city is 589.

Foreclosure
There is 1 zips within Sanborn, IA; within this zips, the median estimated home value for homes in foreclosure ranges from $87,247 in 51248 to the lowest value of $50,894 in 51248. Foreclosure homes account for 0.00% of properties in Sanborn, IA with 51248 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.17% of all residential properties in Sanborn, IA with 51248 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Sanborn, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $87,247 in 51248 to the lowest home value of $87,247 in 51248.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sanborn, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Sanborn, IA. There is 1 zips within Sanborn, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    51248 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Sanborn, IA. Auction homes and other auction properties account for 0.17% of all properties in Sanborn, IA. There is 1 zips within Sanborn, IA; of that zips, the median estimated home value for homes going to auction ranges from $50,894 in 51248 to the lowest value of $50,894 in 51248.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.34% of residential properties in Sanborn, IA with 51248 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Sanborn, IA; homes for sale in that zips, have a range of median values from $270,000 in 51248 to the lowest value of $102,470 in 51248.
    Sold Homes
    The median value for recently sold homes ranges from $102,130 in 51248 to the lowest price of $52,666 in 51248. There is 1 zips within Sanborn, IA. 51248 has 6 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.02% of properties in Sanborn, IA.

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      Guide for Sanborn, IA

      Foreclosure
      Iowa Foreclosure Laws
      Market Reports
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      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.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Recently Listed Homes Sanborn, IA

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