Preforeclosure Homes in Lacona, IA

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View this home at S Central Ave Lacona IA 50139
$129,024 EMV

3 Bed | 2 Bath | 1,104 Sq. Ft.

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Home Value Estimator For Lacona, IA

There are currently 374 real estate properties in Lacona, IA, with a median automated valuation model (AVM) price of $182,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lacona, 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 Lacona, IA, is $220,144.00, with the most expensive house in Lacona, IA, topping out at $906,400.00 and the cheapest home in Lacona, IA, clocking in at $45,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Lacona, IA!

Rent Prices In Lacona, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lacona, IA, is on a rollercoaster ride. The average rent price in Lacona, IA, is $1,386.00. Indeed, when looking to rent in Lacona, IA, you can expect to pay as little as $860.00 or as much as $2,040.00, 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 Lacona, 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.

Foreclosure Homes in Lacona, IA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lacona, IA area at Get information on foreclosure homes for rent, how to buy foreclosures in Lacona, IA and much more. Save thousands at closing with home foreclosure listings in Lacona, IA — up to 75% off market value!

Top Reasons To Live In Lacona, IA In 2023

Lacona is located in Warren, Iowa, with an estimated municipal population of 352 residents. All of the best foreclosed homes for sale in Lacona are located in the following zip code areas on 50139. The estimated population per square kilometer (.62 miles) in Lacona is 411.

Cost Of Living In Lacona, IA

So, about how much do homes cost in Lacona? The most recent median value of resident-owned homes in Lacona is 87,258. An estimated 76.3 percent of households in Lacona own their homes, with an average family size of 2.59. The median household income in Lacona is 52,500, with13.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lacona, the median commute time of resident workers (in minutes) is 40. And last, but certainly not least, are you looking for homes to rent in Lacona? If so, the average rent price paid by renters in Lacona is 617, according to recent statistics.

Diversity And Demographics In Lacona, 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 Lacona, 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 Lacona is 44, split between 51.9 percent male versus 48.1 female. The percentage of residents who report being married in Lacona is 57.7, with an average family size of 2.59.

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

White 98.4%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 0%

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

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

Under 10 14.1%
Aged 10-19 6.9%
20s 15%
30s 7.5%
40s 15.1%
50s 14.5%
60s 15.7%
70s 7.5%
80+ 3.4%

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

Pros And Cons Of Living In Lacona, Iowa

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

  • 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 Lacona.

Reasons To Move To Lacona, Iowa, In 2023

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

Lacona, IA Preforeclosure Homes


Listing types in Lacona, IA

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