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Mason City, IA

Full City Profile · Iowa · Cerro Gordo County County

3.2 /5.0
B Good
27,135 Population 962/sq mi density
$62,369 Median Income $36,527 per capita
$130,000 Home Value $152,258 Zillow
$874 Median Rent 24.0% income on rent
46°F Avg Temperature 260 sunny days/yr
652 Violent Crime/100K 2,925 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$62,369 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$130,000 home value, $874/mo rent
F
Safety
1.0 / 5.0
652 violent crimes/100K (72% above avg)
C+
Education
2.7 / 5.0
21.3% bachelor's degree or higher

Housing Overview

Median Home Value
$130,000
54% below
US avg: $281,900
Median Rent
$874/mo
25% below
US avg: $1,163/mo
Homeownership Rate
67.6%
3% above US avg (65.4%)
Total Housing Units
14,123
Median year built: 1955

Home Value by Source

Census Median
$130,000
Zillow (ZHVI)
$152,258
Median Sale Price
$175,000
Median List Price
$195,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.6%
Owner-Occupied
32.4%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $874/mo

Market Indicators (Redfin)

Median Days on Market
73 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
17
Price Drops
14.7%
of listings with price reduction
Price Per Sq Ft
$95
Active Inventory
95
homes for sale

Affordability & Housing Stock

Rent Burden
24.0%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
67.6%

Complete Housing Data

Home Values

Census Median Value$130,000
Zillow Home Value (ZHVI)$152,258
Median Sale Price$175,000
Median List Price$195,000
Price Per Sq Ft$95

Rent

Census Median Rent$874
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Days on Market73
Sale-to-List Ratio1.0%
Price Drops14.7%
Homes Sold17
Active Inventory95
Price Per Sq Ft$95

Ownership & Stock

Owner-Occupied67.6%
Renter-Occupied32.4%
Homeownership Rate67.6%
Total Housing Units14,123
Median Year Built1955
Rent Burden24.0%