Durango, IA Foreclosures
How much do homes sell for in Durango, IA?
The average home price is currently $385,189.
In Durango, IA, how many homes are available?
There are currently 2 active home listings available in Durango.
What’s the average rental cost in Durango, IA?
The average rental price in Durango is $1,468.
What is the most expensive home in Durango?
The most expensive home sold in Durango had a price of $1,775,518.
What is currently the cheapest priced home in Durango, IA?
The cheapest home for sale in Durango is priced at $26,567.
Living in Durango, IA
Durango, IA is a quaint, community-focused town surrounded by picturesque landscapes and outdoor activities. With nearby access to the Mississippi River and beautifully maintained parks, residents enjoy a tranquil lifestyle enriched by nature. Its charming atmosphere and proximity to larger urban areas make it a desirable place to live for families and nature lovers.
Current Market Conditions in Durango, IA
As of late 2023, Durango's real estate market remains stable with steady demand for homes reflecting the area's appeal to nature enthusiasts and families. Although it's a small community, the population has been slowly increasing, showing signs of growth in real estate activity and interest from new buyers.
The trend in real estate indicates a shift toward more remote living, with individuals seeking quiet, suburban lifestyles while still having access to essential amenities. As such, properties in and around Durango are seeing gradual appreciation in value, making it an attractive place for investment.
Home Value Estimator For Durango, IA
There are currently 555 real estate properties
in Durango, IA,
with a median automated valuation model (AVM) price
of $364,882.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Durango, IA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Durango, IA,
is $385,189.00, with the most expensive house
in Durango, IA, topping out
at $1,775,518.00 and the cheapest home
in Durango, IA,
clocking in at $26,567.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Durango, IA!
Rent Prices
In Durango, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Durango, IA, is on
a rollercoaster ride. The
average rent price in Durango, IA,
is $1,468.00. Indeed, when looking to rent in
Durango, IA, you can expect to pay as little
as $710.00 or as much
as $2,700.00,
with the average rent median estimated to
be $1,440.00. The good news is that finding
an affordable and desirable property to rent in Durango, IA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
