Mitchell County, Iowa home prices
Typical home $213,898 · +4.1% in a year · property tax 1.1%
The typical home in Mitchell County is worth $213,898, 10% less than the Iowa typical home ($236,623). Values changed +4.1% in the past year and +36.7% over five years. Homeowners here pay a median 1.1% of their home's value in property tax each year ($2,344 on the typical home), versus 1.27% statewide.
Mortgage on the typical Mitchell County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $42,780 | $171,118 | $1,151 | $0 | $302 | $1,453 | $62,300 |
| 10% down | $21,390 | $192,508 | $1,295 | $80 | $302 | $1,678 | $71,900 |
| 5% down | $10,695 | $203,203 | $1,367 | $85 | $302 | $1,754 | $75,200 |
| 3.5% down (FHA) | $7,486 | $210,024 | $1,413 | $95 | $302 | $1,810 | $77,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.1% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Iowa.
Iowa counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Shelby County | $212,688 | +4.2% | 1.28% |
| Buchanan County | $215,302 | +4.7% | 1.36% |
| Carroll County | $212,289 | +6.1% | 1.09% |
| Chickasaw County | $216,973 | +5.1% | 1.02% |
| Grundy County | $218,375 | +2.0% | 1.14% |
| Woodbury County | $207,499 | +2.8% | 1.45% |
| Muscatine County | $205,712 | +5.6% | 1.5% |
| Cerro Gordo County | $204,868 | +3.0% | 1.45% |
| Poweshiek County | $223,287 | +7.8% | 1.22% |
| Harrison County | $223,581 | +4.6% | 1.32% |
Frequently asked questions
What is the average home price in Mitchell County, IA?
The typical home value in Mitchell County is $213,898 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Mitchell County?
About $62,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Mitchell County?
The median effective rate is 1.1% of home value a year (Census ACS 2024 5-year estimates).