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Ivanhoe Public

Learn about the people, housing, costs and businesses in Ivanhoe Public, Minnesota

Median Home$169,400
Median Rent$677/month
Population1,271
Leading IndustriesRetail · Manufacturing · Professional Services14% retail
Home Value Growth⬆⬆⬆+26.2% over 2 years
Young Adults26% of residents
Homeowners84% of occupied units
NotableAffordable Market$169k median home · lower cost than 89% of the country
Ivanhoe Public
MN

Frequently Asked Questions

What are today's mortgage rates in Ivanhoe Public?

As of today, the 30-year fixed mortgage rate for Ivanhoe Public is approximately 6.963% (7.005% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ivanhoe Public?

The median home value in Ivanhoe Public is $169k. The median monthly rent is $677. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ivanhoe Public?

Home values in Ivanhoe Public have increased 26.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ivanhoe Public?

Based on a typical all-in ownership cost of $781/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ivanhoe Public is $70k/year.

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What industries drive the economy in Ivanhoe Public?

The largest employment sectors in Ivanhoe Public are public administration (22%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.