Cheap homes for sale & real estate in Decatur County, IA

18 homes

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FOR SALE BY OWNER

ABOUT THIS HOME
Cheap Home for sale in Decatur County, IA:
Cute house, we bought it to flip, but ended up moving out of state. Had a couple renters in it. Looking for $50,000 OBO Email pycior765@gmail.com SERIOUS inquiries, buyers only. No soliciting.

$40,000

3 beds1 bath1,161 sq ft

726 W 3rd St, Lamoni, IA 50140

Built 1885 • Listed 9 days

ABOUT THIS HOME
Cheap Home for sale in Decatur County, IA:
Historic Home on 17 acres with horse & cattle facilities! Build your legacy on this 17.4-acre property in Decatur County, Iowa, featuring a turn-of-the-century home, extensive outbuildings, established pastures, and newly upgraded livestock infrastructure. Whether you're looking for a horse property, cattle operation, hobby farm, or rural homestead, this property offers a unique combination of character, acreage, and functional improvements. The 2-story home offers approximately 2,040 square feet of living space with 5 bedrooms, including one small unfinished bedroom, and 1.5 bathrooms. High ceilings and generously sized bedrooms create a spacious feel, while the original wood trim an

$349,000

5 beds2 baths2,040 sq ft

17000 195th Ave, Leon, IA 50144

Established pastures • 17 acres • Horse facilities

ABOUT THIS HOME
Cheap Home for sale in Decatur County, IA:
Here's that 9 acres M/L in a rural setting that a lot of people are always asking for. The 4 BR, 2 bath home is a fixer upper being sold "AS IS" with all inspections for buyer knowledge only. Good sized 2 car detached garage with extra workspace/storage. Acreage has been mostly used as hay ground and there is 1 pond. Septic will need to be replaced at buyer expense. The property has a Davis City mailing address but actually is located just north of Pleasanton.

$129,900

4 beds2 baths1,624 sq ft

24117 Dale Miller Rd, Davis City, IA 50065

1 pond • 9 acres • Extra workspace

ABOUT THIS HOME
Cheap Home for sale in Decatur County, IA:
Great opportunity to own a versatile shop building in an excellent location, just off a main thoroughfare with convenient access and excellent visibility. The property features a heated/insulated shop area, ½ bath, and a comfortable air-conditioned office—perfect for a small business, contractor, service operation, or personal workspace. With its convenient location and functional layout, this property is ready to accommodate a variety of business or storage needs. Don’t miss this opportunity to secure a well-located property with the features you need!

$170,000

— beds0.5 baths3,472 sq ft

901 1st St W, Leon, IA 50144

Excellent visibility • Garage • Built 1979

FOR SALE BY OWNER

ABOUT THIS HOME
Cheap Home for sale in Decatur County, IA:
1865 brick home was a one room school house

$130,500

2 beds1 bath1,400 sq ft

29813 Quarry Rd, Davis City, IA 50065

Brick home • Built 1865 • Listed 81 days

Property at 108 E South St, Lamoni, IA 50140, 3 beds, 2.5 baths

$139,900

3 beds2.5 baths2,208 sq ft

108 E South St, Lamoni, IA 50140

Property at 200 NW Church St, Leon, IA 50144, 3 beds, 1.5 baths

$165,000

3 beds1.5 baths1,295 sq ft

200 NW Church St, Leon, IA 50144

Property at 202 3rd St W, Weldon, IA 50264, 3 beds, 1 bath

$180,000

3 beds1 bath1,512 sq ft

202 3rd St W, Weldon, IA 50264

Property at 806 NW School St, Leon, IA 50144, 3 beds, 2 baths

$220,000

3 beds2 baths1,872 sq ft

806 NW School St, Leon, IA 50144

Property at 1304 SE Poplar St, Leon, IA 50144, 2 beds, 1 bath

$139,900

2 beds1 bath1,416 sq ft

1304 SE Poplar St, Leon, IA 50144

Property at 207 E 2nd St, Van Wert, IA 50262, 3 beds, 1 bath

$127,000

3 beds1 bath1,076 sq ft

207 E 2nd St, Van Wert, IA 50262

Property at 201 SE Locust St, Leon, IA 50144

$159,999

— beds— baths1,900 sq ft

201 SE Locust St, Leon, IA 50144

Property at 1709 NW Church St, Leon, IA 50144, 2 beds, 2 baths

$310,000

2 beds2 baths1,404 sq ft

1709 NW Church St, Leon, IA 50144

Property at 205 NW 7th St, Decatur, IA 50067, 3 beds, 2 baths

$298,500

Land10.50 acres (lot)

205 NW 7th St, Decatur, IA 50067

Property at 00 Popcorn Rd, Van Wert, IA 50264

$105,000

Land10.00 acres (lot)

00 Popcorn Rd, Van Wert, IA 50264

Property at Amber Pl, Lineville, IA 50147

$149,000

Land21.00 acres (lot)

Amber Pl, Lineville, IA 50147

Property at 00000 Underahl Rd, Davis City, IA 50147

$14,000

Land0.67 acre (lot)

00000 Underahl Rd, Davis City, IA 50147

Property at 00 205th St And 125th Ave, Grand River, IA 50144

$260,000

Land35.00 acres (lot)

00 205th St And 125th Ave, Grand River, IA 50144

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Nearby homes that match your criteria

ABOUT THIS HOME
Cheap Home for sale in Decatur County, IA:
Great opportunity to own a much sought after home located on the Humeston city park! This one story home features a newly renovated kitchen, new flooring upstairs, new roof, attached garage and full basement that has room for lots of living area! It has 2 spacious bedrooms upstairs, full bathrooms both upstairs and downstairs, laundry right of the kitchen, and open kitchen/dining area. The large backyard has alley access and can be used for extra parking and it does include a storage shed. The house is directly across from the beautiful Humeston park and a block from the city pool, Perfect for all outdoor activities!

$180,000

2 beds2 baths1,680 sq ft

303 Spring St, Humeston, IA 50123

Alley access • New flooring • Large backyard

ABOUT THIS HOME
Cheap Home for sale in Decatur County, IA:
The hard part of lake life is usually getting everything ready—not here. This fully furnished, turnkey A-frame retreat includes the Bayliner boat, so you can close, pack a bag and head straight for the water. With two bedrooms plus a loft offering additional sleeping space for family and overnight guests, there is room to bring your favorite people along for the weekend. Step outside to approximately 80 feet of shoreline that has been extensively improved with new rock, dredging for better water depth and access, and a new dock with steps leading directly into the lake. A boat lift with a new cover and a jet-ski ramp complete the setup. Translation: the lake is ready when you are. Ins

$439,900

2 beds1 bath1,130 sq ft

1331 Tomahawk Trl, Ellston, IA 50074

New dock • Boat lift • New flooring

ABOUT THIS HOME
Cheap Home for sale in Decatur County, IA:
If your idea of owning a lake place involves more relaxing and less working, 3154 Hillcrest understood the assignment. Built in 2023, this well-maintained 2-bedroom, 1-bath ranch offers easy, one-level living with no interior or exterior stairs. The all-electric home features central air, durable vinyl siding, and a low-maintenance design—leaving more time to enjoy everything Sun Valley Lake has to offer. Out back, the wooded setting creates a peaceful, private feel with plenty of wildlife passing through. It's the kind of backyard where you can enjoy your morning coffee, unwind after a day at the lake, and appreciate the quiet surroundings. Need space for lake toys, tools, or your ne

$335,000

2 beds1 bath864 sq ft

3154 Hillcrest Dr, Ellston, IA 50074

Durable vinyl siding • 0.23 acre lot • Garage

ABOUT THIS HOME
Cheap Home for sale in Decatur County, IA:
Charming Seasonal Lakeside Bungalow with 60 Feet of Shoreline Welcome to 3186 Overland Trail?a cozy 2-bedroom, 1-bath lakeside bungalow offering 60 feet of shoreline and peaceful views in a quiet cove. This seasonal retreat is perfect for summer getaways, fishing weekends, or simply unwinding by the water. Enjoy a private patio overlooking the lake, a dock for boating or relaxing, and a separate cabin ideal for storing your fishing gear or lake toys. Steps lead down to a spacious deck right by the shoreline- your own personal slice of lake life.

$385,000

2 beds1 bath676 sq ft

3186 Overland Trl, Ellston, IA 50074

Dock for boating • 60 feet of shoreline • 6,030 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in Decatur County, IA:
Full-time lake home that is move-in ready and offers the perfect blend of comfort, convenience, and lake living! Located just off the county blacktop for easy year-round access, this like-new home features tremendous panoramic views of the main lake and includes a deeded on-water strip with dock, making the perfect place to keep your water toys just a short distance from the home. Inside, you'll find an open-concept floor plan with a warm, cabin-style feel, featuring 2 bedrooms and 2 bathrooms. The full walkout basement is a blank canvas, offering the potential for 2 additional bedrooms, a bathroom, and extra living space to fit your needs. A fantastic opportunity to enjoy all the comforts

$438,500

2 beds2 baths1,064 sq ft

3150 Eden Rd, Ellston, IA 50074

Dock • Panoramic views • Lake home

ABOUT THIS HOME
Cheap Home for sale in Decatur County, IA:
Country charm, character and modern updates come together in this beautiful acreage home, surrounded by God's Country farmland! This 4-bedroom, 2-bathroom home offers an abundance of space, original woodwork throughout and so much flexibility. On the main level you will find a great entry mudroom with large closet or pantry area if needed, a very large, country kitchen that could have a breakfast nook table/area, has tons of counterspace and cupboards and is equipped with all appliances. You also have a dedicated dining space, living space and an additional sunroom area that you could also expand your living area into if desired. Also on the main level is a bedroom area, that could also be

$415,000

Land4.88 acres (lot)

2155 Benson St, Weldon, IA 50264

Country kitchen • Entry mudroom • Full basement

Property at 109 & 110 Hickory Dr, Sun Valley Lake, IA 50074

$29,000

Land0.46 acre (lot)

109 & 110 Hickory Dr, Sun Valley Lake, IA 50074

Property at 1148 Crestview Dr #2, Sun Valley Lake, IA 50074

$18,000

Land0.48 acre (lot)

1148 Crestview Dr #2, Sun Valley Lake, IA 50074

Property at 385 Treasure Hls, Ellston, IA 50074

$25,000

Land0.23 acre (lot)

385 Treasure Hls, Ellston, IA 50074

Property at 1148 Crestview Dr, Sun Valley Lake, IA 50074

$18,000

Land0.48 acre (lot)

1148 Crestview Dr, Sun Valley Lake, IA 50074

$24,900

Land0.31 acre (lot)

2nd St E, Weldon, IA 50264

Property at 1341 Praire View Dr, Ellston, IA 50074

$45,000

Land0.89 acre (lot)

1341 Praire View Dr, Ellston, IA 50074

Property at 1224 Frontier Rd, Ellston, IA 50074

$40,000

Land0.48 acre (lot)

1224 Frontier Rd, Ellston, IA 50074

Property at 1221 Frontier Rd, Ellston, IA 50074

$450,000

Land0.37 acre (lot)

1221 Frontier Rd, Ellston, IA 50074

Property at 1304 Eden Cir, Ellston, IA 50074

$29,000

Land0.58 acre (lot)

1304 Eden Cir, Ellston, IA 50074

Property at 1252 Hillsdale South 2, Ellston, IA 50074

$16,900

Land0.43 acre (lot)

1252 Hillsdale South 2, Ellston, IA 50074

Property at 70-88 Hillcrest Dr, Sun Valley Lake, IA 50074

$19,000

Land0.56 acre (lot)

70-88 Hillcrest Dr, Sun Valley Lake, IA 50074

Property at NSA Highway 2, Kellerton, IA 50133

$35,000

Land2.31 acres (lot)

NSA Highway 2, Kellerton, IA 50133

Property at 161,162,163 Crestview Dr, Sun Valley Lake, IA 50074

$69,000

Land0.69 acre (lot)

161,162,163 Crestview Dr, Sun Valley Lake, IA 50074

Property at 000 Crestview Dr, Sun Valley Lake, IA 50074

$69,000

Land2.07 acres (lot)

000 Crestview Dr, Sun Valley Lake, IA 50074

Based on information submitted to the MLS GRID as of Fri Sep 11 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in Decatur County

There are currently 18 cheap homes for sale in Decatur County at a median listing price of $176K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Decatur County stay on the market for 83 days. This map is refreshed with the newest listings in Decatur County every 15 minutes.

In the past month, 1 home has been sold in Decatur County. Find your dream home in Decatur County using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Decatur County are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Decatur County. If you're looking to sell your home in the Decatur County area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Decatur County with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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