There are currently 317 real estate properties in Parnell, IA, with a median automated valuation model (AVM) price of $227,012.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parnell, 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 Parnell, IA, is $255,426.00, with the most expensive house in Parnell, IA, topping out at $1,097,352.00 and the cheapest home in Parnell, IA, clocking in at $30,558.00. In other words, there’s something for every potential homebuyer or savvy investor in Parnell, IA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parnell, IA, is on a rollercoaster ride. The average rent price in Parnell, IA, is $1,465.00. Indeed, when looking to rent in Parnell, IA, you can expect to pay as little as $980.00 or as much as $2,380.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Parnell, 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.
Parnell is located in Iowa, Iowa, with an estimated municipal population of 264 residents. All of the best foreclosed homes for sale in Parnell are located in the following zip code areas on Foreclosure.com: 52325. The estimated population per square kilometer (.62 miles) in Parnell is 574.
So, about how much do homes cost in Parnell? The most recent median value of resident-owned homes in Parnell is 72,716. An estimated 76.4 percent of households in Parnell own their homes, with an average family size of 2.47. The median household income in Parnell is 45,000, with8.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Parnell, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Parnell? If so, the average rent price paid by renters in Parnell is 807, according to recent statistics.
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 Parnell, 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 Parnell is 43.9, split between 57.9 percent male versus 42.1 female. The percentage of residents who report being married in Parnell is 59.9, with an average family size of 2.47.
The percentage of residents who report their race in Parnell is as follows:
| White | 96.4% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 3.6% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Parnell? Or maybe you are searching for 55+ active adult communities in and/or near Parnell?
The percentage of residents who report their age in Parnell is as follows:
| Under 10 | 9% |
| Aged 10-19 | 5.9% |
| 20s | 19.5% |
| 30s | 9.9% |
| 40s | 11.3% |
| 50s | 31.2% |
| 60s | 7.7% |
| 70s | 5% |
| 80+ | 0.5% |
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 Parnell with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Parnell.
How do you know that living in -- or moving to -- Parnell is right where you need to be? Perhaps you grew up in Parnell or already live nearby; therefore, the decision to buy a home in Parnell is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Parnell 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 Parnell:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Parnell.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Parnell can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Parnell, meanwhile, can field multiple offers from more qualified buyers.
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