The real estate market went into 2022 on fire and shows no real signs of slowing down. For many - dare I say most Iowans looking for a home, they'll have to deal with a bidding war to score that dream home.

But, there are other options... you could save a ton of money and purchase a fixer-upper. And, if you're willing to drive a bit more to work or a bigger city, you could really save some dough.

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Today, I present to you the cheapest option in eastern Iowa. Located in Keota, a town of under 1,000 residents, this home will set you back only $30,000.

Think about that... $30,000. Most new cars cost more than that. Heck, so do some used ones!

Yes, it needs some or, arguably a lot of TLC; but it's a great option for a young couple or a single person who's willing to invest the time and energy to get it to the point where it could sell for over $100,000. Spring is about here, this could be the spring project you've been waiting for.

For sale on Realtor.com, here are some quick facts about the Keota home, before we look inside.

FAST FACTS

  • 936 sqft on a .23-acre lot
  • 3 bedrooms, 1 bathroom
  • Built-in 1926
  • Has been for sale for less than 24 hours (as of this writing)
  • The kitchen and bathroom have newer flooring, which you'll see looks nice
  • Keota is about 1 hour south of Cedar Rapids, 2 hours south of Waterloo

So now that you have some fast facts, let's see 503 E Centennial Ave in Keota Iowa!

$30,000 Will Get You a Decent House in Iowa

Located in Keota, this house has a lot to offer for only $30K. It needs work, but it's not too bad.

If that's not your speed, or you want something closer to home, maybe this GAMER lover's house is more for you? Take a look!

This Iowa Home Has a Video Game Store INSIDE!

This house is nice enough without the video game store in the basement... but that video game store is pretty awesome, too.