$165,000
415 Park Ln
Barnum, IA
3 bd2 ba1,052 sqft$157/ft²
House26,572 sqft lot
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Compass Real Estate · Barnum, IA
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Barnum, IA(512) 555-0184TX License #0512847
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Barnum, IA Housing Market
Balanced market+6.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2022 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Barnum, IA is worth $215,211, rose 6.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $173,000 (through May 2026). On the supply and pace-of-sale data we hold, Barnum is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $215,211 home is about $1,149/mo in principal and interest.
Key numbers for Barnum, IA
Typical home value
$215,211
+6.3% in 12 months
Zillow, August 2026
Median sale price
$173,000
Last published period
Redfin, through May 2022
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$83,580
Home costs 2.6x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through May 2022
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Barnum a buyer's or seller's market?
Balanced market100.0% of asking
Barnum, IA is a balanced market. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Barnum housing market data show?
Every row below is Redfin's final published month for Barnum, IA. Redfin, through May 2022
| Metric | Value |
|---|---|
| Median sale price | $173,000 |
| Median list price | $173,000 |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Barnum is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Barnum is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Barnum home prices moved?
We hold fewer than three months of sale history for Barnum, IA, which is not enough to draw a trend line without misleading you. The Zillow value figures above are the current read for this city.
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What does it cost to buy a home in Barnum?
Priced off the typical home value of $215,211 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $43,042 | $172,169 | $1,149/mo |
| 5% | $10,761 | $204,450 | $1,364/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,149, that implies roughly $49,239 a year before you add taxes and insurance. The median household in Barnum earns $83,580, about $34,341 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.6x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Barnum in the next 12 months?
Tell us your timeline. We send the Barnum market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Barnum?
Zillow does not publish a rent index (ZORI) for Barnum, IA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Barnum?
We hold fewer than two months of inventory readings for Barnum, IA, so there is no trend to report yet.
How does Barnum compare to Iowa and the U.S.?
Barnum homes sell for $173,000 — 33% below the Iowa median of $258,700. Against the national median of $410,700, Barnum runs 58% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Barnum, IA | $173,000 | not published | not published |
| Iowa statewide | $258,700 | +2.3% | 37 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2022 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Barnum
What buyers should watch
- The gap between 5% and 20% down here is $215 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $215,211 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Barnum added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +6.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Barnum varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Barnum
Explore homes currently listed for sale in Barnum, Iowa across major real estate platforms.
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Sale-to-list:100.0%
Who lives in Barnum?
American Community Survey estimates for Barnum. U.S. Census ACS, 2023
Population
279
Households
107
Median income
$83,580/yr
Median age
27.1 years
Owner-occupied
91.6%
Median home value
$132,500
Median gross rent
$495/mo
Mean commute
17.3 min
91.6% of occupied homes in Barnum are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $132,500 against Zillow's $215,211 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Barnum?
1 schools tracked · 440 students
The largest public schools serving Barnum, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Manson Northwest Webster Elementary
Grades PK-6 · 440 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Barnum, IA?
Ordered by distance from Barnum, not by size. Compare Barnum side by side with any of them.
Barnum housing market FAQ
Is Barnum a buyer's or seller's market?
Barnum, IA is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Barnum?
The typical home in Barnum, IA is worth $215,211 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $173,000.
Is Barnum cheaper than the rest of Iowa?
Barnum's median sale price of $173,000 is 33% lower than the Iowa statewide median of $258,700, and 58% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Barnum?
We do not hold a days-on-market figure for Barnum, IA. Redfin stopped publishing its public market tracker in June 2026, so this metric is frozen wherever it exists and missing where it never landed.
What income do you need to buy a home in Barnum?
At the current 30-year fixed rate of 7.03%, 20% down on a $215,211 home is about $1,149 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $49,239 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $83,580.
Are home prices rising in Barnum?
The typical home value in Barnum, IA rose 6.3% over the last 12 months, from $202,503 to $215,211 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Barnum?
Barnum ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Barnum?
That depends on your timeline, not on a headline. What the data says today: Barnum, IA is a balanced market, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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