Fayette, IA homes for sale & real estate

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ABOUT THIS HOME
Fayette, IA Homes for Sale
This charming 5 bedroom, 2 bath ranch has been nicely updated with all the modern features for comfort & convenience! The kitchen/dining combo bridges conversation and togetherness while you prepare meals or finish homework. The modern kitchen island provides seating for a quick meal or help in the kitchen. The dining room gives way to the living room for board games and relaxation. The updated bathroom provides a tub/shower combo which is easily accessible to the 3 main floor bedrooms. The lower level provides a family room, a 3/4 bath and 2 bedrooms! The property includes an attached garage for extra convenience and the desirable corner lot gives you space to run, play and relax!

$144,000

5 beds2 baths1,720 sq ft

208 Jones St, Fayette, IA 52142

Kitchen dining combo • Updated bathroom • Corner lot

ABOUT THIS HOME
Fayette, IA Homes for Sale
SELLERS willing to GIVE $5,000 to buyers at closing for closing costs!!! Check out this updated ranch style home on a double lot in Fayette! This 2-bedroom home has recently been updated and is a must see! The main level has a large living room, updated kitchen, 2 bedrooms, and a full bathroom. The basement is finished into a family room, new large non-conforming bedroom with walk-in closet, updated 3/4 bathroom, and storage room. There is a 2-car attached garage and a detached 1,248 sf steel utility building for all your toys!

$179,500

2 beds2 baths1,800 sq ft

507 Mechanic St, Fayette, IA 52142

Walk-in closet • Double lot • Large living room

ABOUT THIS HOME
Fayette, IA Homes for Sale
This investment property is located in the heart of Fayette, Iowa, offering both long-term rental potential and the opportunity to convert into a charming single-family home. With 4 bedrooms and 2 bathrooms, this property is currently leased through May of 2026, providing steady rental income and a reliable investment opportunity. Whether you're looking to continue as an income-generating rental or envision transforming it into a cozy family home, this property offers excellent flexibility and potential.

$185,000

4 beds2 baths2,712 sq ft

310 Volga St, Fayette, IA 52142

Investment property • Steady rental income • 0.49 acre lot

ABOUT THIS HOME
Fayette, IA Homes for Sale
Looking for a rental in Fayette? Look no further! Whether you’re an investor or searching for a home of your own, this property offers great potential. With a little finishing touch, it could be the perfect fit. Featuring 4 bedrooms and 2 bathrooms, this home has space and flexibility to meet your needs. Don’t miss this opportunity—call an agent today to make it yours!

$110,000

4 beds2 baths1,572 sq ft

514 S Main St, Fayette, IA 52142

0.25 acre lot • Built 1900 • Listed 74 days

ABOUT THIS HOME
Fayette, IA Homes for Sale
Start your investment portfolio or add to it with this income-generating duplex in Fayette! Both units are two bedrooms & one bath. The yard offers space to play or relax and the deck gives you the option for morning coffee or early evening meals. An oversized 34' x 28' garage is located at the back of the property and has a bath and workshop. There is also convenient parking in the front and in the back. Call today!

$94,900

— beds— baths1,558 sq ft

507 King St, Fayette, IA 52142

Bath and workshop • Oversized garage • Convenient parking

Property at 00 Fox Rd, Fayette, IA 52142

$569,585

0 beds— baths— sq ft

00 Fox Rd, Fayette, IA 52142

Property at 608 Colgrove St, Fayette, IA 52142

$25,000

— beds— baths— sq ft

608 Colgrove St, Fayette, IA 52142

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ABOUT THIS HOME
Fayette, IA Homes for Sale
Check out this three bedroom ranch with the potential for even more finished lower level space. This home is price well below assessed value and features three bedrooms on the main level, along with a full bath and a 3/4 bath that is accessible from both the main living area and the master bedroom. The lower level has a space that could easily be converted into a nonconforming bedroom, as well as an area that would make a great second living room. Sitting on a spacious lot just a short distance from Oelwein Middle School, this home is ready to go!

$145,900

3 beds2 baths1,220 sq ft

24 12th Ave Ave SE, Oelwein, IA 50662

9,000 sq ft lot • Garage • Car-dependent

ABOUT THIS HOME
Fayette, IA Homes for Sale
Spacious and updated 4-bedroom, 3-bath home in a great location! This move-in ready home offers plenty of living space for the whole family. The master suite features a private bath, and there’s plenty of storage throughout. Enjoy the large, well-kept yard and the convenience of a 2-stall attached garage. Comfortable, functional, and ready for you to call it home.

$395,000

4 beds3 baths2,353 sq ft

1215 3rd St St NE, Oelwein, IA 50662

0.35 acre lot • Garage • Car-dependent

ABOUT THIS HOME
Fayette, IA Homes for Sale
Beautifully maintained 3-bedroom home with office and 1.5 baths. Updated kitchen features stone countertops, custom cabinetry, and upgraded appliances. Partially finished basement offers space for a rec room, craft room, or play area. Enjoy a fenced backyard with mature fruit trees, a detached 2-stall garage, and RV parking with a hookup. Newer roof and water heater make this home move-in ready!

$118,000

4 beds1.5 baths2,016 sq ft

16 5th St NW, Oelwein, IA 50662

7,841 sq ft lot • 2 garage spots • Somewhat walkable

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ABOUT THIS HOME
Fayette, IA Homes for Sale
This charming home is a perfect fit for first-time buyers or those looking to downsize. Thoughtfully updated throughout—including mechanical systems and windows—it offers peace of mind and comfort. Nestled on a spacious lot just steps from Schori Park, with convenient access to all of town’s amenities. Begin by getting preapproved with your lender, then contact your chosen realtor to arrange a private showing.

$139,000

4 beds1 bath1,184 sq ft

404 Franklin St, Elgin, IA 52141

0.24 acre lot • Car-dependent

ABOUT THIS HOME
Fayette, IA Homes for Sale
This 3-bedroom, 2-bath home sits on a great lot and has tons of potential! With both a full and ¾ bath on the main floor, plus a 2-stall garage and a single, there’s plenty of space to make it your own. Call today to take a look!

$85,000

3 beds2 baths1,140 sq ft

906 N Frederick Ave, Oelwein, IA 50662

0.35 acre lot • Car-dependent

ABOUT THIS HOME
Fayette, IA Homes for Sale
4 bedroom, 2 bath and 1 stall garage. Great investment property or starter home. Selling AS IS. Square footages approximate. Call your favorite local agent for your personal showing today.

$49,000

4 beds2 baths1,742 sq ft

319 NW 2nd Ave, Oelwein, IA 50662

7,000 sq ft lot • Somewhat walkable

Property at 107 NW 7 Ave, Oelwein, IA 50662, 3 beds, 1 bath

$49,000

3 beds1 bath1,484 sq ft

107 NW 7 Ave, Oelwein, IA 50662

Property at 229 SE 4th Ave, Oelwein, IA 50662, 3 beds, 1.5 baths

$49,000

3 beds1.5 baths1,344 sq ft

229 SE 4th Ave, Oelwein, IA 50662

Property at 141 NW 2nd Ave, Oelwein, IA 50662, 3 beds, 2 baths

$44,000

3 beds2 baths1,392 sq ft

141 NW 2nd Ave, Oelwein, IA 50662

Property at 330 S Mill St, Wadena, IA 52169, 4 beds, 3 baths

$449,000

4 beds3 baths2,625 sq ft

330 S Mill St, Wadena, IA 52169

Property at 155 1st St St N, Maynard, IA 50655, 2 beds, 1 bath

$116,500

2 beds1 bath960 sq ft

155 1st St St N, Maynard, IA 50655

Property at 11 NW 2nd St, Oelwein, IA 50662, 3 beds, 1 bath

$49,000

3 beds1 bath1,477 sq ft

11 NW 2nd St, Oelwein, IA 50662

Property at 720 S Frederick, Oelwein, IA 50662, 3 beds, 1.5 baths

$69,000

3 beds1.5 baths1,884 sq ft

720 S Frederick, Oelwein, IA 50662

Property at 407-409 N Frederick Ave, Oelwein, IA 50662

$79,900

— beds— baths2,832 sq ft

407-409 N Frederick Ave, Oelwein, IA 50662

Property at 28 12th Ave Ave SE, Oelwein, IA 50662, 4 beds, 1.5 baths

$189,900

4 beds1.5 baths1,732 sq ft

28 12th Ave Ave SE, Oelwein, IA 50662

Property at 825 1st Ave Ave SW, Oelwein, IA 50662, 3 beds, 2 baths

$129,900

3 beds2 baths960 sq ft

825 1st Ave Ave SW, Oelwein, IA 50662

Property at 32 6th St. St NW, Oelwein, IA 50662, 3 beds, 2 baths

$134,900

3 beds2 baths1,256 sq ft

32 6th St. St NW, Oelwein, IA 50662

Property at 6262 N Ave Ave, Maynard, IA 50655, 3 beds, 1 bath

$254,000

3 beds1 bath1,284 sq ft

6262 N Ave Ave, Maynard, IA 50655

Property at 617 E Charles, Oelwein, IA 50662, 4 beds, 2 baths

$169,000

4 beds2 baths1,694 sq ft

617 E Charles, Oelwein, IA 50662

Property at 3452 B Ave. Ave, Arlington, IA 50606, 4 beds, 2 baths

$375,000

4 beds2 baths2,805 sq ft

3452 B Ave. Ave, Arlington, IA 50606

Average home prices near Fayette, IA

Cities

Fairbank homes for sale
$209,950
Hazleton homes for sale
$124,950
Postville homes for sale
$137,500
Oelwein homes for sale
$145,900
West Union homes for sale
$241,450
Sumner homes for sale
$194,900
Elgin homes for sale
$139,900
Strawberry Point homes for sale
$282,000
Hawkeye homes for sale
$155,000
Maynard homes for sale
$106,750

Zip Codes

52142 homes for sale
$144,000

Fayette, IA real estate trends

$145K

Sale price

-27.5%
since last year

$80

Sale $/sq ft

-48.4%
since last year

Under list price

5.8%

Days on market

Down payment

—

Total homes sold

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