Foreclosure Homes in Wapello, IA

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View this home at Jefferson St Wapello IA 52653
$97,375 EMV

3 Bed | 1 Bath | 1,092 Sq. Ft.

View this home at S 4th St Wapello IA 52653
$174,553 EMV
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Wapello, IA Foreclosures

How much do homes sell for in Wapello, IA?
The average home price is currently $147,637.
In Wapello, IA, how many homes are available?
There are currently 1,523 active home listings available in Wapello.
What’s the average rental cost in Wapello, IA?
The average rental price in Wapello is $1,067.
What is the most expensive home in Wapello, Iowa?
The most expensive home sold in Wapello had a price of $1,119,000.
What is currently the cheapest priced home in Wapello, IA?
The cheapest home for sale in Wapello is priced at $13,682.

Home Value Estimator For Wapello, IA

There are currently 1,523 real estate properties in Wapello, IA, with a median automated valuation model (AVM) price of $127,544.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wapello, 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 Wapello, IA, is $147,637.00, with the most expensive house in Wapello, IA, topping out at $1,119,000.00 and the cheapest home in Wapello, IA, clocking in at $13,682.00. In other words, there’s something for every potential homebuyer or savvy investor in Wapello, IA!

Rent Prices In Wapello, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wapello, IA, is on a rollercoaster ride. The average rent price in Wapello, IA, is $1,067.00. Indeed, when looking to rent in Wapello, IA, you can expect to pay as little as $490.00 or as much as $1,760.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Wapello, 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.

Top Reasons To Live In Wapello, IA In 2024

Wapello is located in Louisa, Iowa, with an estimated municipal population of 1,999 residents. All of the best foreclosed homes for sale in Wapello are located in the following zip code areas on 52653. The estimated population per square kilometer (.62 miles) in Wapello is 596.

Cost Of Living In Wapello, IA

So, about how much do homes cost in Wapello? The most recent median value of resident-owned homes in Wapello is 113,470. An estimated 76.1 percent of households in Wapello own their homes, with an average family size of 3.12. The median household income in Wapello is 66,429, with26.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wapello, the median commute time of resident workers (in minutes) is 22.3. And last, but certainly not least, are you looking for homes to rent in Wapello? If so, the average rent price paid by renters in Wapello is 618, according to recent statistics.

Diversity And Demographics In Wapello, Iowa

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Wapello, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Wapello is 40.6, split between 51 percent male versus 49 female. The percentage of residents who report being married in Wapello is 48.8, with an average family size of 3.12.

The percentage of residents who report their race in Wapello is as follows:

White 91.2%
Black / African American 1%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 4.9%

Looking for family-friendly neighborhoods in and/or near Wapello? Or maybe you are searching for 55+ active adult communities in and/or near Wapello?

The percentage of residents who report their age in Wapello is as follows:

Under 10 9.5%
Aged 10-19 17%
20s 12.8%
30s 9.4%
40s 18%
50s 10.8%
60s 9.4%
70s 6.5%
80+ 6.4%

Best Schools In Wapello, Iowa

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Wapello with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Wapello.

Pros And Cons Of Living In Wapello, Iowa

How do you know that living in -- or moving to -- Wapello is right where you need to be? Perhaps you grew up in Wapello or already live nearby; therefore, the decision to buy a home in Wapello is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Wapello for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Wapello:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Wapello.

Reasons To Move To Wapello, Iowa, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Wapello can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wapello, meanwhile, can field multiple offers from more qualified buyers.

Wapello, IA Foreclosures


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