Mineral City—25634
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mineral City
Mineral City lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mineral City
Mineral City lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mineral City
Mineral City lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Mineral City
As of the latest ACS Survey released in 2023, Mineral City has a population of 1,370, which has increased by 284.3% over the past 5 years. Mineral City is a moderately popular place for families, as children make up 18.1% of the population. The area has a moderately educated workforce, with 40.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,370 | 284.3% |
% Under 18 | 18.1% | -19.2% |
% Seniors | 20.7% | 392.9% |
% WFH | 1.5% | ∞% |
% w/ College Degree | 40.6% | 745.8% |
Mineral City lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.7% | -3.3% |
% Black | 0.0% | N/A |
% Hispanic | 0.4% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Mineral City
According to HUD data as of 2023, there were 26 mortgage originations in Mineral City, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Mineral City. Investor activity is low, as 8.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 26 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 8.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Mineral City
Mineral City lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Mineral City
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |