Living in Milton, IA
Milton, IA is a charming small town with a welcoming community and beautiful rural surroundings. It offers essential amenities, a peaceful lifestyle, and access to quality education. Residents enjoy a family-friendly atmosphere with local events and a strong community spirit.
Current Market Conditions in Milton, IA
The real estate market in Milton has shown steady growth over the past few years, with an increase in demand for affordable housing options. Buyers are finding the town appealing due to its friendly environment and low property taxes, encouraging both first-time homebuyers and downsizers.
Over the last year, properties in Milton have generally appreciated in value, with homes selling quickly due to limited inventory. The affordability compared to nearby larger towns makes it an attractive option for many looking to relocate.
Home Value Estimator For Milton, IA
There are currently 244 real estate properties
in Milton, IA,
with a median automated valuation model (AVM) price
of $85,433.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Milton, 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 Milton, IA,
is $120,227.00, with the most expensive house
in Milton, IA, topping out
at $603,964.00 and the cheapest home
in Milton, IA,
clocking in at $15,091.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Milton, IA!
Rent Prices
In Milton, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Milton, IA, is on
a rollercoaster ride. The
average rent price in Milton, IA,
is $1,090.00. Indeed, when looking to rent in
Milton, IA, you can expect to pay as little
as $660.00 or as much
as $1,720.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Milton, 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.