Republic15475

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$50,000
10.8% YoY Growth
Median Household Income
$41,300
11.4% 5-Year Growth
Days on Market
12
64.0% Shorter than last year
Home Price Forecast
0.0%
Median Rent
$1,000
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,000
N/A
3-Bed Rent
N/A
N/A

Property Listings — Republic

As of Oct '25, Realtor.com reports that the median days on market for a home in Republic is 12. This is a decrease of -64.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$97,400371.0%
Listing Count
4-65.0%
Listings as % of Homes0.2%-65.0%
Days on Market
12-64.0%
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Demographics — Republic

As of the latest ACS Survey released in 2023, Republic has a population of 800, which has decreased by -41.5% over the past 5 years. Republic is a less popular place for families, as children make up 14.9% of the population. The area has a poorly educated workforce, with 11.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
800-41.5%
% Under 18
14.9%-13.9%
% Seniors
37.1%61.3%
% WFH
0.0%-100.0%
% w/ College Degree
11.8%-21.3%
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Republic lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
88.5%2.5%
% Black
0.0%-100.0%
% Hispanic
0.0%N/A
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Republic

According to HUD data as of 2023, there were 22 mortgage originations in Republic, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Republic. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
22
% Conventional Loans
68.0%
% Government Loans
32.0%
% Investor Loans
0.0%
% Second Loans
5.0%
% Cash Out Refinance
0.0%

Loan Activity

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Rentals and Section 8 — Republic

Republic lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
26
Total Units Section 8
26
% Rentals under Section 8
12.0%
% Occupied Section 8
77.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$880
2 Bedroom$50$1,000$1,050
3 BedroomN/AN/A$1,340
4 BedroomN/AN/A$1,440

Affordability — Republic

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.1
Median Home Price$50,000
Median Household Income$41,300

Republic — ZIP Code Boundary Map

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Frequently Asked Questions