Mitchell County, Iowa Housing Market
In Mitchell County, Iowa, the median home value is $175,100, with a median monthly rent of $738. This places Mitchell County at #1700 nationally out of 3134 counties by median home value, and #38 within Iowa.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,068
- Establishments: 335
- BLS QCEW, 2025
Housing Supply
- Single-family: 33
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,252 (avg $82,104)
- Outflow: 4,073 (avg $82,879)
- IRS Statistics of Income
🔗 Explore Mitchell County on Our Sister Sites
Get the complete picture for Mitchell County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Mitchell County Compares
| Metric | Mitchell County | Iowa Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $175,100 | $171,037 | $227,706 |
| Median Gross Rent | $738 | $832 | $968 |
| Owner Occupancy Rate | 80.0% | 75.8% | 73.3% |
| Price/Rent Ratio | 19.8 | 17.0 | 18.7 |
Market Analysis
The median home value in Mitchell County is 2.4% above the Iowa state average and 23.1% below the U.S. national average. The median rent of $738/month is 11.3% below the state average.
With a price-to-rent ratio of 19.8, the buy-vs-rent decision in Mitchell County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Mitchell County has an owner-occupancy rate of 80.0%, compared to 75.8% in Iowa and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Lawrence County | Missouri | $175,100 | $800 |
| Beadle County | South Dakota | $175,100 | $879 |
| Grant County | West Virginia | $175,100 | $644 |
| Blount County | Alabama | $175,200 | $776 |
| Lawrence County | Indiana | $175,000 | $845 |
Other Counties in Iowa
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Jackson County | $175,000 | $807 | 80.7% |
| Carroll County | $176,000 | $731 | 77.1% |
| Harrison County | $176,000 | $849 | 77.1% |
| Buchanan County | $176,000 | $848 | 82.1% |
| O'Brien County | $173,100 | $868 | 76.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).