Prairie City FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Prairie City, Iowa.

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
W PLEASANTVIEW DR Prairie City IA 50228 Foreclosures 3 2 $105,500.00 Details
2 -
0 Photo
S 96TH AVE W Prairie City IA 50228 Foreclosures 3 2 $51,000.00 Details
About our Listings

How to Buy Prairie City Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Prairie City, IA starts with finding listings. By browsing Prairie City foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Prairie City, IA.

>> See more info about how to Buy foreclosures

How to Invest in Prairie City Foreclosures

How to invest foreclosure

Prairie City foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Prairie City real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Prairie City foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Prairie City foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Prairie City

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Prairie City will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Prairie City, IA. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Prairie City apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Iowa Foreclosure Laws

Foreclosure law

Iowa real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Prairie City have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Prairie City REO properties.

Prairie City Banks Foreclosures

Bank Foreclosure

Prairie City bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Prairie City, IA are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Prairie City bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Prairie City Iowa to be similar to buying from an agent. Check our Prairie City bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Prairie City Government Foreclosures

Government Foreclosure

Prairie City Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Prairie City IA are another popular type of foreclosure, as are VA foreclosures in Prairie City, which are available from the Veterans Affairs Department for especially great deals. Check our Prairie City government foreclosure listings.

>> See more info about govermment foreclosures

Prairie City Pre-Foreclosures

Foreclosure

PreForeclosures in Prairie City are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Prairie City Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Prairie City Foreclosure Auctions

Foreclosure Auction

Most Prairie City foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Prairie City, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Prairie City, IA. We offer a comprehensive Prairie City foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Prairie City, Iowa

Find Home Foreclosure Listings in Prairie City, IA

Prairie City foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Prairie City, IA and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Prairie City Iowa, best affordable foreclosure condo in Prairie City, cheap apartments for sale, bargain foreclosed homes for sale in Prairie City, IA and earn huge savings on the homes YOU want to buy!

Our Prairie City Foreclosure Lists

You can find Prairie City foreclosure homes for sale which you can buy for living or investment. Simply click through our Prairie City foreclosure home listings to find government foreclosures and bank owned homes in Prairie City area. If you're searching for a deep discount or low prices on real estate then searching our Prairie City foreclosure lists for homes foreclosure for sale or short sale listing in Prairie City is your answer. Our up-to-date Prairie City short sale listings provide the latest investing opportunities on affordable Prairie City bank owned property listings, government pre foreclosure lists, Prairie City banrkuptcy homes and Prairie City HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Prairie City, you should have little trouble finding the cheapest deal on a foreclosed home in Prairie City, Iowa.

You can also search Newton foreclosure listings and Reasnor foreclosure listings for more properties in the neighboring area.



Prairie City, IA

As of 2011, Prairie City's population is 1,447 people. Since 2000, it has had a population growth of 5. 93 percent. The median home cost in Prairie City is $129,400. Home appreciation the last year has been 0. 64 percent. Compared to the rest of the country, Prairie City's cost of living is 9. 40% Lower than the U. S. average. Prairie City public schools spend $5,198 per student. The average school expenditure in the U. S. is $5,678. There are about 12. 2 students per teacher in Prairie City. The unemployment rate in Prairie City is 9. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Prairie City jobs have Increased by 1. 42 percent. Average Commute time is 30 minutes. The National Average is 28 minutes.

Peopleprairie-city, iaUS
Population1,447307,829,557
Pop Density1,10487
Pop Change5.93%9.34%
Median Age42.536.6
Households595116,329,167
Household Size2.352.58
Male Population48.48%49.31%
Female Population51.52%50.69%
Married Population57.36%47.15%
Single Population42.64%52.85%
Estimated Households By Household Incomeprairie-city, iaUS
Income Less Than 15k9.43%12.10%
Income Between 15k And 25k8.92%10.18%
Income Between 25k And 35k10.94%10.56%
Income Between 35k And 50k16.84%14.98%
Income Between 50k And 75k24.58%19.53%
Income Between 75k And 100k14.81%12.52%
Income Between 100k And 150k11.28%12.14%
Income Between 150k And 250k2.19%3.91%
Income Between 250k And 500k1.01%3.34%
Income Greater Than 500k0.00%0.75%
Economyprairie-city, iaUS
Unemployment Rate9.20%9.10%
Recent Job Growth1.42%-0.12%
Future Job Growth33.64%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.98%6.25%
Income Per Cap$25,796$27,067
Household Income$54,192$52,954
Housingprairie-city, iaUS
Median Home Age44.635.1
Median Home Cost$129,400$175,100
Home Appreciation0.64%-3.15%
Homes Owned71.59%59.90%
Housing Vacant3.57%10.37%
Homes Rented24.84%29.73%
Property Tax Rate$14.34$11.20
Owner Occupied Housing Units By Valueprairie-city, iaUS
Less Than 20k0.68%2.65%
20k To 399990.91%3.76%
40k To 599993.85%4.99%
60k To 799995.22%6.01%
80k To 9999913.83%7.27%
100k To 14999946.71%19.24%
150k To 19999919.50%14.67%
200k To 2999996.12%18.09%
300k To 3999992.04%9.14%
400k To 4999990.00%4.94%
500k To 7499990.00%5.42%
750k To 9999990.45%2.03%
1kk Or More0.68%1.77%
Educationprairie-city, iaUS
School Expend$5,198$5,678
Pupil Teacher Ratio12.214.9
Students Per Librarian255803
Students Per Counselor255513
2 Yr College Grad7.94%7.47%
4 Yr College Grad14.09%17.42%
Graduate Degrees4.17%10.12%
High School Grads90.39%84.72%
Crimeprairie-city, iaUS
Violent Crime24
Property Crime14
Housing Units By Year Structure Builtprairie-city, iaUS
1999 To 200514.61%13.71%
1995 To 19984.48%8.54%
1990 To 19943.64%5.77%
1980 To 19895.03%13.87%
1970 To 197915.91%16.17%
1960 To 196912.99%11.70%
1950 To 195911.04%11.08%
1940 To 19493.08%6.02%
1939 Or Earlier29.22%13.15%

Table Information