Foreclosure Homes in Durango, IA 52039

Current Market Conditions in Durango, IA

The real estate market in Durango remains stable, with a good balance of supply and demand. Prices are generally affordable compared to larger cities, making it an attractive location for first-time homebuyers and investors alike. Homes typically appreciate steadily due to the area's scenic attractions and community spirit.

Recent trends indicate a growing interest in the area, particularly for vacation homes or second properties due to its proximity to both natural beauty and urban conveniences. Investors are noticing the potential for rental properties, as more people seek to escape the hustle of city life.

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.