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Foreclosure Homes in Mitchell, IA

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Mitchell, IA Foreclosures

Current Market Conditions in in Mitchell, IA As of March 2026?
In the past month, the real estate market in Mitchell has experienced a slight uptick in home prices, with an average increase of 3% compared to the previous month. This growth can be attributed to renewed buyer interest as the local economy shows signs of recovery post-pandemic. Despite the increase in prices, many homes remain competitively priced, attracting first-time buyers and investors alike. With limited inventory, homes in the area are selling quickly, often within weeks of being listed.
How much do homes sell for in Mitchell, IA?
The average home price is currently $183,293.
In Mitchell, IA, how many homes are available?
There are currently 3 active home listings available in Mitchell.
What’s the average rental cost in Mitchell, IA?
The average rental price in Mitchell is $1,205.
What is the most expensive home in Mitchell?
The most expensive home sold in Mitchell had a price of $754,947.
What is currently the cheapest priced home in Mitchell, IA?
The cheapest home for sale in Mitchell is priced at $45,395.

Living in Mitchell, IA

Mitchell, Iowa, is a small town known for its welcoming community and serene environment. With essential amenities nearby and beautiful outdoor spaces, it offers a balanced lifestyle that appeals to families and retirees alike. The town provides a peaceful retreat while remaining well-connected to urban centers.

Buyer vs Seller Market in Mitchell, IA

The real estate market in Mitchell, IA has shown steady growth in recent months, with a slight increase in home sales and property values. This can be attributed to a combination of demand for affordable housing in rural areas and the low inventory of available homes in the region.

Buyers are increasingly drawn to the town's unique charm, leading to competitive offers on homes. Many properties are well-maintained and provide substantial value for first-time homeowners and those seeking to retire.

Home Value Estimator For Mitchell, IA

There are currently 86 real estate properties in Mitchell, IA, with a median automated valuation model (AVM) price of $139,661.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mitchell, 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 Mitchell, IA, is $183,293.00, with the most expensive house in Mitchell, IA, topping out at $754,947.00 and the cheapest home in Mitchell, IA, clocking in at $45,395.00. In other words, there’s something for every potential homebuyer or savvy investor in Mitchell, IA!

Rent Prices In Mitchell, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mitchell, IA, is on a rollercoaster ride. The average rent price in Mitchell, IA, is $1,205.00. Indeed, when looking to rent in Mitchell, IA, you can expect to pay as little as $790.00 or as much as $1,710.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Mitchell, 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.

Mitchell, IA Foreclosures


Market Trend for Mitchell, IA

Total Listings Available: 3

Market Values:

Home Prices from $45,395 to $754,947

Average Sales Price: $183,293

Rental Values:

Rental from $790 to $1,710

Average Rent Value: $1,205 / month

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