Bankruptcy Homes in Cedar Falls, IA

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Home Value Estimator For Cedar Falls, IA

There are currently 13,741 real estate properties in Cedar Falls, IA, with a median automated valuation model (AVM) price of $239,733.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cedar Falls, 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 Cedar Falls, IA, is $270,692.00, with the most expensive house in Cedar Falls, IA, topping out at $7,865,422.00 and the cheapest home in Cedar Falls, IA, clocking in at $14,589.00. In other words, there’s something for every potential homebuyer or savvy investor in Cedar Falls, IA!

Rent Prices In Cedar Falls, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cedar Falls, IA, is on a rollercoaster ride. The average rent price in Cedar Falls, IA, is $1,487.00. Indeed, when looking to rent in Cedar Falls, IA, you can expect to pay as little as $710.00 or as much as $3,560.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Cedar Falls, 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 Cedar Falls, IA In 2024

Cedar Falls is located in Black Hawk, Iowa, with an estimated municipal population of 40,536 residents. All of the best foreclosed homes for sale in Cedar Falls are located in the following zip code areas on 50613 50614. The estimated population per square kilometer (.62 miles) in Cedar Falls is 540.

Cost Of Living In Cedar Falls, IA

So, about how much do homes cost in Cedar Falls? The most recent median value of resident-owned homes in Cedar Falls is 186,940. An estimated 63 percent of households in Cedar Falls own their homes, with an average family size of 3.05. The median household income in Cedar Falls is 61,420, with28.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cedar Falls, the median commute time of resident workers (in minutes) is 14.7. And last, but certainly not least, are you looking for homes to rent in Cedar Falls? If so, the average rent price paid by renters in Cedar Falls is 875, according to recent statistics.

Diversity And Demographics In Cedar Falls, 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 Cedar Falls, 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 Cedar Falls is 27.2, split between 46.5 percent male versus 53.5 female. The percentage of residents who report being married in Cedar Falls is 41.2, with an average family size of 3.05.

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

White 91%
Black / African American 2.5%
Asian 3.9%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 1.7%
Other 0.4%

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

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

Under 10 11.3%
Aged 10-19 15.1%
20s 26.7%
30s 11.9%
40s 7.9%
50s 8.5%
60s 9.4%
70s 5.4%
80+ 3.7%

Best Schools In Cedar Falls, 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 Cedar Falls with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cedar Falls.

Pros And Cons Of Living In Cedar Falls, Iowa

How do you know that living in -- or moving to -- Cedar Falls is right where you need to be? Perhaps you grew up in Cedar Falls or already live nearby; therefore, the decision to buy a home in Cedar Falls is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cedar Falls 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 Cedar Falls:

  • 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 Cedar Falls.

Reasons To Move To Cedar Falls, 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 Cedar Falls can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cedar Falls, meanwhile, can field multiple offers from more qualified buyers.

Cedar Falls, IA Bankruptcy Homes


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