Is Mingo, IA 50168 a buyer’s or seller’s market?
Mingo is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Mingo housing market right now
In the three months ending August 31, 2026, 0% of homes in Mingo, IA 50168 sold above their list price, the typical home went under contract in 96 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (40 days then) and the median sale price rose 477% to $334,855. Overall, Mingo is less competitive than a year ago, which gives buyers more room.
Within Jasper County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Kellogg 50135 (33% sold over asking) and Newton 50208 (18% sold over asking) are even more competitive.
Run the numbers for 50168
Nearby markets
Baxter 50028Buyer’s market $203 /sq ftColfax 50054Seller’s market $143 /sq ftIra 50127 — /sq ftKellogg 50135Balanced $157 /sq ft Browse all markets →Where Mingo is
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Questions about Mingo real estate
Is Mingo a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Mingo, IA 50168 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mingo?
The typical home went under contract in 96 days in the latest three months.
Do homes in Mingo sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Mingo?
About 1.41% of a home’s value a year in Jasper County, or roughly $5,640 on a $400,000 home.
What is the median home price in Mingo?
The median sale price was $334,855 in the three months ending August 31, 2026, about $182 per square foot.
Local agents
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More tools for 50168
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology