Milo, IA Foreclosures
How much do homes sell for in Milo, IA?
The average home price is currently $273,332.
In Milo, IA, how many homes are available?
There are currently 2 active home listings available in Milo.
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 $1,127,932.
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 is a charming small town located in the central part of Iowa. Known for its friendly community and vibrant agricultural background, it offers a peaceful rural lifestyle with easy access to larger cities. The cost of living is affordable, making it an attractive choice for families and individuals alike.
Current Market Conditions in Milo, IA
The real estate market in Milo, IA, has shown signs of steady growth over the past year. While still maintaining affordable prices compared to urban areas, there has been increased interest in single-family homes, particularly from families looking for more space and a quieter lifestyle. Weekly open houses and community events have inadvertently attracted potential buyers from surrounding towns, further stimulating market interest.
Trends indicate that properties are moving faster this year, with many homes receiving offers shortly after being listed. As the metro area expands, Milo becomes a more attractive option for those seeking proximity to urban amenities without sacrificing space or affordability.
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 $224,261.00. 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 $273,332.00, with the most expensive house
in Milo, IA, topping out
at $1,127,932.00 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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