Commercial Foreclosure in Panora, IA

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N 1st St
Panora, IA 50216

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Nw 5th St
Panora, IA 50216

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Karen Dr
Panora, IA 50216

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E Market St
Panora, IA 50216

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E Main St
Panora, IA 50216

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Home Value Estimator For Panora, IA

There are currently 40 real estate properties in Panora, IA, with a median automated valuation model (AVM) price of $395,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Panora, 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 Panora, IA, is $479,583.00, with the most expensive house in Panora, IA, topping out at $1,500,000.00 and the cheapest home in Panora, IA, clocking in at $78,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Panora, IA!

Rent Prices In Panora, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Panora, IA, is on a rollercoaster ride. The average rent price in Panora, IA, is $1,658.00. Indeed, when looking to rent in Panora, IA, you can expect to pay as little as $1,050.00 or as much as $2,160.00, with the average rent median estimated to be $1,740.00. The good news is that finding an affordable and desirable property to rent in Panora, 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.

Foreclosure Homes in Panora, IA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Panora, IA area at Get information on foreclosure homes for rent, how to buy foreclosures in Panora, IA and much more. Save thousands at closing with home foreclosure listings in Panora, IA — up to 75% off market value!

Top Reasons To Live In Panora, IA In 2021

Panora is located in Guthrie, Iowa, with an estimated municipal population of 1,067 residents. All of the best foreclosed homes for sale in Panora are located in the following zip code areas on 50216. The estimated population per square kilometer (.62 miles) in Panora is 228.

Cost Of Living In Panora, IA

So, about how much do homes cost in Panora? The most recent median value of resident-owned homes in Panora is 117,445. An estimated 66 percent of households in Panora own their homes, with an average family size of 3.19. The median household income in Panora is 56,974, with17.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Panora, the median commute time of resident workers (in minutes) is 23.9. And last, but certainly not least, are you looking for homes to rent in Panora? If so, the average rent price paid by renters in Panora is 832, according to recent statistics.

Diversity And Demographics In Panora, 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 Panora, 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 Panora is 38.6, split between 46.7 percent male versus 53.3 female. The percentage of residents who report being married in Panora is 59.4, with an average family size of 3.19.

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

White 95%
Black / African American 2.5%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.5%
Other 0%

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

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

Under 10 11.6%
Aged 10-19 20.4%
20s 8.7%
30s 10.9%
40s 10.8%
50s 12.2%
60s 13.4%
70s 7.2%
80+ 4.8%

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

Pros And Cons Of Living In Panora, Iowa

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

  • 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 Panora.

Reasons To Move To Panora, Iowa, In 2021

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


Listing types in Panora, IA

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