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Short Sale Listings in Mitchell, IA

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Mitchell, IA Foreclosures

How much do homes sell for in Mitchell, IA?
The average home price is currently $185,848.
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 $1,224,462.
What is currently the cheapest priced home in Mitchell, IA?
The cheapest home for sale in Mitchell is priced at $45,277.

Living in Mitchell, IA

Mitchell, IA is a friendly small town that offers a peaceful lifestyle in a picturesque rural setting. The community is known for its tight-knit atmosphere, quality schools, and a variety of local amenities. Residents can enjoy numerous outdoor activities and a sense of belonging among neighbors.

Current Market Conditions in Mitchell, IA

The real estate market in Mitchell has shown stability, with a steady demand for homes as families seek small-town charm combined with accessibility to larger urban centers. The average price of homes has risen gradually, reflecting the area's appeal and low inventory of available properties.

In recent months, there has been an uptick in buyers interested in moving to Mitchell, particularly families looking for affordable housing options and a supportive community. This trend suggests a growing recognition of the benefits of rural living as remote work becomes more established.

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 $142,136.00. 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 $185,848.00, with the most expensive house in Mitchell, IA, topping out at $1,224,462.00 and the cheapest home in Mitchell, IA, clocking in at $45,277.00. 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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