Sumner, IA—50674
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sumner, IA
Sumner, IA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $201,000 | 6.6% |
| Single Family | $202,000 | 6.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $130,000 | 4.0% |
3 Bed | $195,000 | 7.7% |
4 Bed | $243,000 | 9.5% |
| 5 Bed | $333,000 | 8.5% |
% of Housing Stock
Rental Trends — Sumner, IA
As of July '25, Rentcast reports the average rent in Sumner, IA is $1,200, with a year-over-year rent change of 1.7%. Per bedroom, the median rent as of July '25 in Sumner, IA is 3-bedrooms: $1,200. The most common rental property sizes in Sumner, IA are 2-bedroom and 1-bedroom, accounting for 41.9% and 23.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sumner, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sumner, IA is 83. This is a increase of 92.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $184,000 | -7.0% |
Listing Count | 9 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 83 | 92.0% |
Demographics — Sumner, IA
As of the latest ACS Survey released in 2023, Sumner, IA has a population of 3,600, which has decreased by -3.2% over the past 5 years. Sumner, IA is a moderately popular place for families, as children make up 21.3% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,600 | -3.2% |
% Under 18 | 21.3% | 0.9% |
% Seniors | 24.7% | 6.9% |
% WFH | 9.1% | 1.1% |
% w/ College Degree | 21.4% | -1.8% |
As of the latest ACS Survey released in 2023, Sumner, IA is a predominantly white area, with 96.1% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Sumner, IA is black, making up 0.8% of the population. Foreign-born residents account for 0.4% of the population in Sumner, IA, and this percentage has decreased by 77.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.1% | -1.4% |
% Black | 0.8% | ∞% |
% Hispanic | 0.8% | -33.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.4% | -77.8% |
Mortgage and Risk — Sumner, IA
According to HUD data as of 2023, there were 113 mortgage originations in Sumner, IA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Sumner, IA. Investor activity is low, as 7.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 113 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 7.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Sumner, IA
Sumner, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $670 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | -$60 | $1,200 | $1,140 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Sumner, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $201,000 |
| Median Household Income | $63,400 |