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Cheap Homes in Mingo, IA

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Mingo, IA Foreclosures

Current Market Conditions in in Mingo, IA As of February 2026?
In the past month, Mingo's real estate market has witnessed a slight increase in home sales, reflecting a growing interest in the area. Inventory levels seem to remain stable, which is a positive sign for potential buyers. As competition increases, it’s advisable for buyers to act quickly when a desirable property becomes available. Overall, the market remains favorable for both buyers and sellers due to relatively low inventory and rising demand.
How much do homes sell for in Mingo, IA?
The average home price is currently $304,062.
In Mingo, IA, how many homes are available?
There are currently 3 active home listings available in Mingo.
What’s the average rental cost in Mingo, IA?
The average rental price in Mingo is $1,449.
What is the most expensive home in Mingo?
The most expensive home sold in Mingo had a price of $960,964.
What is currently the cheapest priced home in Mingo, IA?
The cheapest home for sale in Mingo is priced at $21,462.

Living in Mingo, IA

Mingo, Iowa, offers a charming small-town atmosphere with a friendly community, suitable for families and individuals alike. With access to good schools and numerous outdoor activities, it serves as an ideal location for those looking for a peaceful lifestyle. The town’s proximity to major highways makes commuting easy while maintaining a tranquil living environment.

Buyer vs Seller Market in Mingo, IA

The real estate market in Mingo has shown gradual growth over the past year. Home prices have increased modestly as demand for housing in smaller towns has grown. Buyers are attracted to the affordability and lifestyle that Mingo offers, drawing interest from families and individuals looking for a blend of country and suburban living.

As more people move away from urban areas seeking affordability and a quieter lifestyle, Mingo has become a more attractive option. New developments and renovations of older homes have contributed to a revitalization of the housing market in the area.

Home Value Estimator For Mingo, IA

There are currently 439 real estate properties in Mingo, IA, with a median automated valuation model (AVM) price of $276,011.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mingo, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mingo, IA, is $304,062.00, with the most expensive house in Mingo, IA, topping out at $960,964.00 and the cheapest home in Mingo, IA, clocking in at $21,462.00. In other words, there’s something for every potential homebuyer or savvy investor in Mingo, IA!

Rent Prices In Mingo, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mingo, IA, is on a rollercoaster ride. The average rent price in Mingo, IA, is $1,449.00. Indeed, when looking to rent in Mingo, IA, you can expect to pay as little as $870.00 or as much as $2,180.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Mingo, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Mingo, IA

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