Cheap Homes in Milo, IA

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Top Reasons To Live In Milo, IA In 2024

Milo is located in Warren, Iowa, with an estimated municipal population of 761 residents. All of the best foreclosed homes for sale in Milo are located in the following zip code areas on 50166. The estimated population per square kilometer (.62 miles) in Milo is 484.

Cost Of Living In Milo, IA

So, about how much do homes cost in Milo? The most recent median value of resident-owned homes in Milo is 113,059. An estimated 80.1 percent of households in Milo own their homes, with an average family size of 3.04. The median household income in Milo is 56,932, with17.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Milo, the median commute time of resident workers (in minutes) is 32.9. And last, but certainly not least, are you looking for homes to rent in Milo? If so, the average rent price paid by renters in Milo is 817, according to recent statistics.

Diversity And Demographics In Milo, Iowa

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 Milo, 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 Milo is 33.7, split between 50.7 percent male versus 49.3 female. The percentage of residents who report being married in Milo is 62.9, with an average family size of 3.04.

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

White 97.2%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.2%
Other 1.6%

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

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

Under 10 14.9%
Aged 10-19 15.6%
20s 11%
30s 18.2%
40s 14%
50s 11.1%
60s 9.1%
70s 4.6%
80+ 1.6%

Best Schools In Milo, Iowa

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 Milo with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Milo.

Pros And Cons Of Living In Milo, Iowa

How do you know that living in -- or moving to -- Milo is right where you need to be? Perhaps you grew up in Milo or already live nearby; therefore, the decision to buy a home in Milo is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Milo 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 Milo:

  • 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 Milo.

Reasons To Move To Milo, Iowa, 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 Milo can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Milo, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Milo, IA


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