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Short Sale Listings in Mitchell, IA

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Living in Mitchell, IA

Mitchell, Iowa, is a charming small town known for its welcoming community and strong agricultural roots. With beautiful parks, quality schools, and a peaceful atmosphere, it’s perfect for families and those seeking a close-knit environment. Residents enjoy a slower pace of life while still having access to urban conveniences in nearby towns.

Current Market Conditions in Mitchell, IA

The current real estate market in Mitchell is characterized by steady demand and limited inventory, making it a favorable time for sellers. Properties here tend to sell quickly, often at or above listing prices, which reflects the growing interest in small town living.

Trends indicate that buyers are increasingly looking for homes with outdoor space and proximity to nature, which Mitchell provides generously. New construction is also on the rise, with developers recognizing the potential of this quaint Iowa town.

Home Value Estimator For Mitchell, IA

There are currently 78 real estate properties in Mitchell, IA, with a median automated valuation model (AVM) price of $130,045.00. 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 $189,592.00, with the most expensive house in Mitchell, IA, topping out at $1,762,527.00 and the cheapest home in Mitchell, IA, clocking in at $41,450.00. 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 Short Sale Listings


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