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Foreclosure Homes in Iona, MN

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View this home at King Ave Slayton MN 56172
Preforeclosure
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$90,656 EMV
King Ave
Slayton, MN 56172
Single-Family
EST. RENT: $1,001
|
AUCTION: 04-03-2024
Single-Family
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Top Reasons To Live In Iona, MN In 2024

Iona is located in Murray, Minnesota, with an estimated municipal population of 131 residents. All of the best foreclosed homes for sale in Iona are located in the following zip code areas on Foreclosure.com: 56172 56141. The estimated population per square kilometer (.62 miles) in Iona is 65.


Cost Of Living In Iona, MN

So, about how much do homes cost in Iona? The most recent median value of resident-owned homes in Iona is 53,857. An estimated 81.7 percent of households in Iona own their homes, with an average family size of 2.88. The median household income in Iona is 50,000, with11.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Iona, the median commute time of resident workers (in minutes) is 20.9. And last, but certainly not least, are you looking for homes to rent in Iona? If so, the average rent price paid by renters in Iona is 625, according to recent statistics.


Diversity And Demographics In Iona, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Iona, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Iona is 44.9, split between 49.6 percent male versus 50.4 female. The percentage of residents who report being married in Iona is 57.8, with an average family size of 2.88.

The percentage of residents who report their race in Iona is as follows:

White 97.7%
Black / African American 0%
Asian 2.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Iona? Or maybe you are searching for 55+ active adult communities in and/or near Iona?

The percentage of residents who report their age in Iona is as follows:

Under 10 14.8%
Aged 10-19 8.5%
20s 9.4%
30s 10.1%
40s 11.7%
50s 14.7%
60s 21.8%
70s 7.8%
80+ 1.6%

Best Schools In Iona, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Iona with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Iona.


Pros And Cons Of Living In Iona, Minnesota

How do you know that living in -- or moving to -- Iona is right where you need to be? Perhaps you grew up in Iona or already live nearby; therefore, the decision to buy a home in Iona is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Iona for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Iona:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Iona.


Reasons To Move To Iona, Minnesota, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Iona can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Iona, meanwhile, can field multiple offers from more qualified buyers.

Iona, MN Foreclosures


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