Morning Sun, IA—52640
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morning Sun, IA
As of Oct '25, the median home price in Morning Sun, IA is $174,000, with a year-over-year change of 3.2%. This indicates that home prices in Morning Sun, IA are increasing. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $174,000 | 3.2% |
| Single Family | $174,000 | 3.6% |
| 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 | $158,000 | 2.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morning Sun, IA
Morning Sun, IA 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 — Morning Sun, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Morning Sun, IA is 29. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $134,000 | -13.0% |
Listing Count | 7 | 117.0% |
| Listings as % of Homes | 0.4% | 117.0% |
Days on Market | 29 | 1.0% |
Demographics — Morning Sun, IA
As of the latest ACS Survey released in 2023, Morning Sun, IA has a population of 1,200, which has decreased by -15.5% over the past 5 years. Morning Sun, IA is a moderately popular place for families, as children make up 18.9% of the population. The area has a poorly educated workforce, with 13.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,200 | -15.5% |
% Under 18 | 18.9% | -20.9% |
% Seniors | 27.2% | 46.2% |
% WFH | 3.6% | 2.9% |
% w/ College Degree | 13.9% | -23.6% |
As of the latest ACS Survey released in 2023, Morning Sun, IA is a predominantly white area, with 95.5% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Morning Sun, IA is hispanic, making up 0.2% of the population. Foreign-born residents account for 0.0% of the population in Morning Sun, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.5% | -0.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.2% | -75.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Morning Sun, IA
Morning Sun, IA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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
Rentals and Section 8 — Morning Sun, IA
Morning Sun, 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 | 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 | $740 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — Morning Sun, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $174,000 |
| Median Household Income | $70,000 |