Iron, MN Foreclosures
How much do homes sell for in Iron, MN?
The average home price is currently $243,686.
In Iron, MN, how many homes are available?
There are currently 3 active home listings available in Iron.
What’s the average rental cost in Iron, MN?
The average rental price in Iron is $1,328.
What is the most expensive home in Iron?
The most expensive home sold in Iron had a price of $708,033.
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, Minnesota is a small, charming town located in St. Louis County. It boasts a rich mining history, surrounded by beautiful natural landscapes and ample opportunities for outdoor activities. The town features a close-knit community with various amenities, making it an inviting place for families and individuals alike.
Current Market Conditions in Iron, MN
The real estate market in Iron, MN has shown signs of steady growth over the past year, with an increase in property values as demand rises. Buyers are attracted to the area for its affordability and quality of life, resulting in homes selling more quickly than in previous years. There is a healthy mix of property types available, from single-family homes to cabins near the lakes.
As of late, Iron has experienced a shift towards more competitive pricing, with sellers taking advantage of the higher interest from potential buyers. This trend is expected to continue as local amenities improve and the area gains recognition among those seeking a quieter lifestyle in a picturesque setting.
Home Value Estimator For Iron, MN
There are currently 594 real estate properties
in Iron, MN,
with a median automated valuation model (AVM) price
of $235,100.00. 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 $243,686.00, with the most expensive house
in Iron, MN, topping out
at $708,033.00 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 $1,328.00. 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.
Learn more on Foreclosure homes
