Iron, MN Foreclosures
How much do homes sell for in Iron, MN?
The average home price is currently $242,496.
What’s the average rental cost in Iron, MN?
The average rental price in Iron is $1,327.
What is the most expensive home in Iron?
The most expensive home sold in Iron had a price of $668,084.
What is currently the cheapest priced home in Iron, MN?
The cheapest home for sale in Iron is priced at $15,822.
Living in Iron, MN
Iron, MN, is a picturesque small town that boasts a rich history and a strong sense of community. Residents enjoy access to beautiful outdoor spaces and a variety of recreational activities, making it an ideal place for nature enthusiasts. With a family-friendly atmosphere and local amenities, Iron is perfect for those seeking a tranquil lifestyle.
Current Market Conditions in Iron, MN
The Iron, MN real estate market is characterized by a stable demand for homes, driven by both local residents and those seeking vacation properties in the area. Despite its small size, the market has remained resilient, with a steady flow of buyers interested in the affordable housing available in this charming town.
In recent months, Iron has seen a slight uptick in home values as more people are drawn to its natural beauty and outdoor opportunities. Properties are selling at a faster pace, reflecting a growing interest in this hidden gem of northern Minnesota.
Home Value Estimator For Iron, MN
There are currently 597 real estate properties
in Iron, MN,
with a median automated valuation model (AVM) price
of $234,336.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Iron, MN, 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 Iron, MN,
is $242,496.00, with the most expensive house
in Iron, MN, topping out
at $668,084.00 and the cheapest home
in Iron, MN,
clocking in at $15,822.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Iron, MN!
Rent Prices
In Iron, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Iron, MN, is on
a rollercoaster ride. The
average rent price in Iron, MN,
is $1,327.00. Indeed, when looking to rent in
Iron, MN, you can expect to pay as little
as $570.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Iron, MN
-- 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.
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