Living in Iron, MN
Iron, MN, is a quaint town with a friendly community atmosphere and abundant outdoor activities. It features essential amenities and a strong connection to nature. Ideal for families, retirees, and nature enthusiasts alike, Iron provides a peaceful living environment.
Current Market Conditions in Iron, MN
The real estate market in Iron, MN, has shown gradual growth, with an increasing interest from both families and investors. Property values have been relatively stable, making it an attractive option for investors looking for long-term growth.
Investor interest has grown due to the area’s natural attractiveness and more affordable housing options. With a mix of older homes and new developments, Iron presents diverse opportunities for buyers.
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 $222,034.00. 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 $231,344.00, with the most expensive house
in Iron, MN, topping out
at $752,980.00 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.
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