Fayette, IA homes for sale & real estate

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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 113 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

ABOUT THIS HOME
Fayette, IA Homes for Sale
This secluded 5.04 acre land parcel is awaiting it's next owner. Includes highway access right off of Lincoln Rd. /State Hwy. 150, is zoned agricultural and is currently enrolled in the forest reserve program. Only a portion of this land parcel is in the flood plain, see attached Iowa Flood Map photo. Also, a copy of survey is available.

$55,000

— beds— baths— sq ft

Parcel: 1120400010, Fayette, IA 52142

Secluded land parcel • Highway access • Zoned agricultural

ABOUT THIS HOME
Fayette, IA Homes for Sale
Imagine your dream home on a spacious corner lot in the charming community of Fayette, IA. This lot measures an impressive 0.56 Acre Lot, 200' x 120', providing ample space for your vision to come to life. The water line comes in from Lovers Lane and the sewer line is in the middle of the block. Whether you envision a cozy family home, a modern architectural masterpiece, or a serene retreat, this lot offers the perfect canvas. Ready to start building your dream? This lot is waiting for you to make it your own!

$25,000

— beds— baths— sq ft

608 Colgrove St, Fayette, IA 52142

0.56 acre lot • Spacious corner lot • 0.56 acre lot

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ABOUT THIS HOME
Fayette, IA Homes for Sale
Beautifully Updated 4-Bedroom Split-Level Home on Over Half an Acre Welcome home to this charming and meticulously updated 4-bedroom split-level, offering the perfect blend of comfort, functionality, and outdoor living. The main level features an inviting eat-in kitchen, 3 spacious bedrooms and a full bath. A slider off the kitchen opens to a multi-level deck overlooking the expansive yard—ideal for entertaining, relaxing, or taking in the peaceful, tree-lined surroundings. The lower level provides even more living space with a cozy fireplace, a bar area, and a second slider leading to a private patio. This level also includes an additional bedroom, a ¾ bath, and a convenient

$249,000

4 beds2 baths2,144 sq ft

5 Hillside Dr Dr E, Oelwein, IA 50662

Expansive yard • Multi-level deck • Bar area

$67,500

4 beds1 bath1,580 sq ft

412 W Charles St, Oelwein, IA 50662

0.41 acre lot • 2 garage spots • Built 1905

ABOUT THIS HOME
Fayette, IA Homes for Sale
If you have always dreamed of owning an AMAZING shop, this is IT! It's hard to describe in words, this unique property. It consists of 5.11 acres, very nice barn, 5,400 sqft shop/garage/living quarters and a house! The value comes from the land and shop which was constructed/remodeled in 2024. There are 4 sections to it; 396 sqft living area with a 3/4 bathroom, 2,304 sqft heated shop with 3 overhead doors, 1,008 sqft older crib section that is incorporated with new exterior, and a 40 x 42 pole barn addition that is unfinished but could easily be insulated & finished. This is a must see to appreciate so make your appointment today. The property also comes with a 1,306 sqft home built

$329,900

2 beds1 bath1,309 sq ft

15453 200th St, Hawkeye, IA 52147

Heated shop • 306 sqft home • 5400 sqft shop

ABOUT THIS HOME
Fayette, IA Homes for Sale
Check out this move in ready 3-bedroom, 1-bath home, sits on a roomy corner lot with a fenced yard and is just steps from the pool and parks. A 2-stall attached garage gives you extra space, and the basement is wide open for whatever you want to create. Call today to take a look!

$179,000

3 beds1 bath1,306 sq ft

413 4th Ave Ave NE, Oelwein, IA 50662

Fenced yard • Wide open basement • Steps from the pool

ABOUT THIS HOME
Fayette, IA Homes for Sale
Cute little one story with 1 bedroom, one shower bath, full unfinished basement, a nice sized 50 x 140 lot with a back yard covered deck and a single detached garage. All offers must be submitted online at vrmproperties by buyers agent.

$45,000

1 bed1 bath448 sq ft

1128 1st Ave SW, Oelwein, IA 50662

6,970 sq ft lot • Garage • Built 1910

ABOUT THIS HOME
Fayette, IA Homes for Sale
This affordable and quaint house is just waiting for you to make it your own. Character abounds this 2 bedroom 1 1/2 bath home with large rear yard and tuck under garage. A must see. Priced to sell. Selling AS IS. Square footages approximate. Call your favorite local agent for your personal showing today.

$59,900

2 beds1.5 baths1,099 sq ft

827 NE 1st Ave, Oelwein, IA 50662

7,000 sq ft lot • Parking • Built 1943

Property at 205 NE 4th Ave, Oelwein, IA 50662, 3 beds, 1 bath

$59,900

3 beds1 bath1,192 sq ft

205 NE 4th Ave, Oelwein, IA 50662

Property at 221 SE 2nd Ave, Oelwein, IA 50662, 2 beds, 2 baths

$45,900

2 beds2 baths1,480 sq ft

221 SE 2nd Ave, Oelwein, IA 50662

Property at 16 5th St NW, Oelwein, IA 50662, 4 beds, 1.5 baths

$118,000

4 beds1.5 baths2,016 sq ft

16 5th St NW, Oelwein, IA 50662

Property at 404 Franklin St, Elgin, IA 52141, 4 beds, 1 bath

$139,000

4 beds1 bath1,184 sq ft

404 Franklin St, Elgin, IA 52141

Property at 906 N Frederick Ave, Oelwein, IA 50662, 3 beds, 2 baths

$75,000

3 beds2 baths1,140 sq ft

906 N Frederick Ave, Oelwein, IA 50662

Property at 319 NW 2nd Ave, Oelwein, IA 50662, 4 beds, 2 baths

$45,900

4 beds2 baths1,742 sq ft

319 NW 2nd Ave, Oelwein, IA 50662

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

$45,900

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

$45,900

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

$439,000

4 beds3 baths2,625 sq ft

330 S Mill St, Wadena, IA 52169

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

$49,900

3 beds1.5 baths1,884 sq ft

720 S Frederick, Oelwein, IA 50662

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

$184,900

4 beds1.5 baths1,732 sq ft

28 12th Ave Ave SE, Oelwein, IA 50662

Property at 10554 N Ave, Maynard, IA 50655, 3 beds, 1.5 baths

$545,000

3 beds1.5 baths2,548 sq ft

10554 N Ave, Maynard, IA 50655

Average home prices near Fayette, IA

Cities

Fairbank homes for sale
$209,900
Oelwein homes for sale
$132,400
West Union homes for sale
$239,000
Sumner homes for sale
$189,900
Strawberry Point homes for sale
$269,000
Hawkeye homes for sale
$132,450
Maynard homes for sale
$106,750

Zip Codes

52142 homes for sale
$110,000

Fayette, IA real estate trends

$159K

Sale price

+27.7%
since last year

$67

Sale $/sq ft

-31.6%
since last year

Under list price

5.8%

Days on market

Down payment

—

Total homes sold

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