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Featured local agent — Mingo, IA
Sarah Mitchell
Compass Real Estate · Mingo, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mingo, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$267,500median sale price
How is the Mingo, IA housing market right now?
The median home sale price in Mingo, IA is $267,500. Homes sell in an average of 91 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Mingo a buyer's or seller's market?
Mingo, IA is currently a balanced market, based on 2.0 months of supply and homes selling in about 91 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
91
Average pace
Active listings
2
2.0 months supply
Sale-to-list
93.9%
Below asking
What does the Mingo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $267,500 |
| Average days on market | 91 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 93.9% |
| Median price per sq ft | $158/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Mingo by property type?
How the Mingo, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $267,500 | $158/sq ft | 1 | 91 days |
| Townhouse | $345,000 | $113/sq ft | 1 | 62 days |
Source: Redfin · Updated monthly
The Mingo housing market is currently classified as a balanced market with a median sale price of $267,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 91 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Mingo
There are currently 2 homes listed for sale in Mingo, Iowa.
Active listings
2
Homes on market
Avg. days on market
91
Days until sale
Who lives in Mingo?
Population
373
Median income
$61,806/yr
Median age
40.2 years
Owner-occupied
77.8%
College grads
13.3%
Avg commute
29.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Mingo?
Zillow home value
$327,319
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Mingo?
Mingo is a community of approximately 0K residents with a median age of 40.2 years.The median household income is $61,806, which represents a working-class community with solid middle-income opportunities. 13.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mingo offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Mingo, IA?
Want a head-to-head view? Compare Mingo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Mingo?
The median home sale price in Mingo is $267,500, down 0.0% from last year.
How long do homes stay on market in Mingo?
Homes typically spend 91 days on market before going under contract.
What is the median income in Mingo?
The median household income is $61,806 per year.
Is Mingo a buyer's or seller's market?
With 2.0 months of supply, Mingo is currently a balanced market.
What is the Zillow home value estimate for Mingo?
The Zillow Home Value Index (ZHVI) for Mingo is $327,319, representing the typical home value in the area.
How much does a single-family home cost in Mingo?
The median single-family home price in Mingo, IA is $267,500 (about $158 per square foot).
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