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Short Sale Listings in Mitchell, IA

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Living in Mitchell, IA

MITCHELL, IA is a charming small town that offers a peaceful lifestyle with a strong sense of community. Known for its access to outdoor activities and low cost of living, Mitchell appeals to families and retirees. The town provides good educational opportunities and a friendly atmosphere making it a desirable location for real estate investment.

Current Market Conditions in Mitchell, IA

Currently, the real estate market in Mitchell, IA is experiencing moderate growth, driven by affordable housing options and an influx of new residents seeking a serene living environment. The demand for homes is steadily increasing as people recognize the charm and benefits of small-town living.

Investment opportunities are favorable here, with housing prices remaining relatively low compared to larger urban areas, providing an attractive option for both first-time buyers and seasoned investors looking to expand their portfolios.

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 $133,279.00. 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 $189,630.00, with the most expensive house in Mitchell, IA, topping out at $1,743,219.00 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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