Milo, IA Foreclosures
How much do homes sell for in Milo, IA?
The average home price is currently $275,346.
What’s the average rental cost in Milo, IA?
The average rental price in Milo is $1,457.
What is the most expensive home in Milo?
The most expensive home sold in Milo had a price of $1,110,849.
What is currently the cheapest priced home in Milo, IA?
The cheapest home for sale in Milo is priced at $22,259.
Living in Milo, IA
Milo, Iowa, is a serene small town perfect for families and individuals seeking a peaceful community lifestyle. With strong local schools and a friendly atmosphere, it offers a great environment for raising children. Its proximity to Indianola means residents have access to additional amenities while still enjoying the charm of rural living.
Current Market Conditions in Milo, IA
The real estate market in Milo, IA, is currently stable with a modest increase in home values over the past year. Properties are generally affordable, attracting families and new residents looking for a quieter lifestyle. Competitive pricing in the area offers opportunities for first-time homebuyers and investors as well.
Many homes are being sold within a reasonable time, indicating a healthy demand for properties. However, inventory remains somewhat low, leading to a seller's market. Buyers should be prepared for potential bidding wars on more desirable properties.
Home Value Estimator For Milo, IA
There are currently 520 real estate properties
in Milo, IA,
with a median automated valuation model (AVM) price
of $225,038.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Milo, 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 Milo, IA,
is $275,346.00, with the most expensive house
in Milo, IA, topping out
at $1,110,849.00 and the cheapest home
in Milo, IA,
clocking in at $22,259.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Milo, IA!
Rent Prices
In Milo, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Milo, IA, is on
a rollercoaster ride. The
average rent price in Milo, IA,
is $1,457.00. Indeed, when looking to rent in
Milo, IA, you can expect to pay as little
as $950.00 or as much
as $2,360.00,
with the average rent median estimated to
be $1,430.00. The good news is that finding
an affordable and desirable property to rent in Milo, 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.
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