Mingo, IA50168

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$308,000
1.9% YoY Growth
Median Household Income
$99,900
59.0% 5-Year Growth
Days on Market
71
83.0% Longer than last year
Home Price Forecast
1.1%
Median Rent
$675
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$675
N/A
3-Bed Rent
N/A
N/A

Property Listings — Mingo, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Mingo, IA is 71. This is a increase of 83.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 57.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$489,00076.0%
Listing Count
7360.0%
Listings as % of Homes0.7%360.0%
Days on Market
7183.0%
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Demographics — Mingo, IA

As of the latest ACS Survey released in 2023, Mingo, IA has a population of 829, which has increased by 6.3% over the past 5 years. Mingo, IA is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
8296.3%
% Under 18
19.9%-22.0%
% Seniors
14.4%-35.4%
% WFH
18.5%4.5%
% w/ College Degree
18.3%46.4%
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As of the latest ACS Survey released in 2023, Mingo, IA is a predominantly white area, with 95.3% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Mingo, IA is black, making up 0.5% of the population. Foreign-born residents account for 0.0% of the population in Mingo, IA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.3%0.2%
% Black
0.5%-61.5%
% Hispanic
0.0%-100.0%
% Asian
0.5%∞%
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Mingo, IA

Mingo, IA lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Mingo, IA

Mingo, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
2.0%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$810
2 Bedroom$305$675$980
3 BedroomN/AN/A$1,330
4 BedroomN/AN/A$1,340

Affordability — Mingo, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.8
Median Home Price$308,000
Median Household Income$99,900

Mingo, IA — ZIP Code Boundary Map

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Frequently Asked Questions