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Rent To Own Homes in Durant, IA

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Living in Durant, IA

Durant, IA is a small but vibrant community that offers a perfect blend of rural tranquility and access to modern amenities. With quality schools and numerous recreational activities available, it is an attractive location for families and retirees alike. The area's friendly atmosphere and community spirit make it a sought-after destination in Cedar County.

Current Market Conditions in Durant, IA

The real estate market in Durant is currently characterized by a stable demand for homes, particularly among families and retirees looking for affordable living options. The median home prices have shown a modest appreciation over the past few years, reflecting the steady interest in the area.

Investors will find that properties in Durant are often reasonably priced compared to nearby urban areas, offering potential for rental income and long-term appreciation. The community's growth prospects, combined with its appealing lifestyle, make it an attractive location for real estate investment.

Home Value Estimator For Durant, IA

There are currently 750 real estate properties in Durant, IA, with a median automated valuation model (AVM) price of $232,597.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Durant, 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 Durant, IA, is $257,023.00, with the most expensive house in Durant, IA, topping out at $1,588,632.00 and the cheapest home in Durant, IA, clocking in at $16,578.00. In other words, there’s something for every potential homebuyer or savvy investor in Durant, IA!

Rent Prices In Durant, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Durant, IA, is on a rollercoaster ride. The average rent price in Durant, IA, is $1,411.00. Indeed, when looking to rent in Durant, IA, you can expect to pay as little as $700.00 or as much as $2,060.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Durant, 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.

Durant, IA Rent To Own Homes

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