How much does it cost to buy a house in Traer, IA?

In June 2026 Traer homes were listed to buy for a median price of $146K, which is a 30% decrease to May 2025 last month, and a 29% decrease to June 2025 last year. The median value of a home listed to buy in Traer in June 2026 was $129 per sqft, which is a 9% decrease to May 2025 last month, and a 9% decrease to June 2025 last year.

Is it affordable or expensive to live in Traer, IA?

It is affordable to live in Traer. Buying a home in Traer is 0% less expensive compared with the national average.

Is it a good time to buy property in Traer, IA?

Yes now is a good time to buy property in Traer, in June 2026, homes in Traer have decreased in value (price per sqft) by 9% in the last year compared with June 2025.

Is the Traer, IA housing market slowing down?

The housing market in Traer is slowing down. In June 2026, homes to buy in Traer spent an median 33 days on the market, a 45% decrease from June 2025 last year.

How much money should I make to buy a house in Traer, IA?

In June 2026, Traer homes were listed to buy for a median price of $146K, with 25% down you would need $911/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $31.2K.

Is it a good time to sell my house in Traer, IA?

Yes now is a good time to sell your house in Traer, in June 2026, homes in Traer have decreased in value (price per sqft) by 9% in the last year compared with June 2025.