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Mystic

Learn about the people, housing, costs and businesses in Mystic, Iowa

Median Home$159,100
Median Rent$780/month
Population273
Leading IndustriesPublic Administration · Professional Services · Retail27% public administration
Home Value Growth⬆⬆+12.5% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners89% of occupied units
NotableAffordable Market$159k median home · lower cost than 70% of the country
Mystic
IA

Frequently Asked Questions

What are today's mortgage rates in Mystic?

As of today, the 30-year fixed mortgage rate for Mystic is approximately 6.885% (6.921% 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 Mystic?

The median home value in Mystic is $159k. The median monthly rent is $780. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mystic?

Home values in Mystic have increased 12.5% 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 Mystic?

Based on a typical all-in ownership cost of $901/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mystic is $67k/year.

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What industries drive the economy in Mystic?

The largest employment sectors in Mystic are public administration (27%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.