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Bankruptcy Homes in Durango, IA 52039

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Living in Durango, IA

Durango, IA is a picturesque small town with a close-knit community vibe and access to beautiful outdoor activities along the Mississippi River. It's a prime location for families seeking a peaceful environment as well as adventure enthusiasts. With strong educational facilities and nearby urban amenities, Durango offers a unique blend of rural charm and modern conveniences.

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.

Home Value Estimator For Durango, IA

There are currently 478 real estate properties in Durango, IA, with a median automated valuation model (AVM) price of $350,438.00. 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 $377,862.00, with the most expensive house in Durango, IA, topping out at $1,643,344.00 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.

Durango, IA 52039 Bankruptcy Homes


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