Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$213,898+4.1% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 7% have cut their price
Income needed to buy, per year$46,369About 0.5× the local median income ($84,344): affordable for a typical household
Days on market60 daysSlower than a year ago: buyers have time to negotiate
The typical home in Mitchell County, IA is worth $213,898, up 4.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $193,244, so the area is 10.7% overvalued. It is a seller's market: homes take about 60 days to sell, listings are down 15% from a year ago, 7% of listings have had a price cut. A household needs about $46,369 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,344. In the latest IRS figures, 2 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$213,898
Change in 1 year
+4.1%
Overvalued %
+10.7%
Show 6 more
Fair home value
$193,244
Change in 5 years
+36.7%
Home value to income
2.5×
Monthly mortgage payment (20% down)
$1,159
Income needed to afford it
$46,369
Property tax rate
1.10%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$927
Market activity
Listings vs a year ago
−15.4%
Days on market
60
Listings with a price cut
6.9%
Show 3 more
Homes for sale
33
Pending sales per 100 listings
33
Asking price per sq ft
$116
People and jobs
Median household income
$84,344
Population change (1 year)
+0.6%
Unemployment rate
1.2%
Show 4 more
Population
10,650
Income adjusted for cost of living
$100,290
Net moves in (IRS)
−2
Cost of living (US = 100)
84.1
Schools, risk and environment
School rating (1 to 10)
7.8
FEMA hazard risk score (0 to 100)
37.7
Flood risk score
36.2
Show 3 more
Wildfire risk score
11.7
Walkability (1 to 20)
6.2
Road, rail and air noise
52 dB
Questions people ask
Is Mitchell County, IA overvalued?
Home prices in Mitchell County, IA are well above what local incomes have historically supported: fair value is about $193,244, so the area is 10.7% overvalued.
Is Mitchell County, IA a buyer's or seller's market?
Mitchell County, IA is a seller's market: homes take about 60 days to sell, listings are down 15% from a year ago, 7% of listings have had a price cut.
Are home prices going down in Mitchell County, IA?
Home values in Mitchell County, IA are up 4.1% over the last year.
How much do you need to earn to buy a home in Mitchell County, IA?
A household needs about $46,369 a year to afford the typical home in Mitchell County, IA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,344.