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Readlyn

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

Median Home$206,100
Median Rent$635/month
Population851
Leading IndustriesRetail · Construction · Finance & Insurance25% retail
Home Value Growth⬆⬆+20.4% over 2 years
Family-Friendly28% of residentswell above average
Homeowners87% of occupied units
NotableHigh Incomes$87k/year · top 28% nationally
Readlyn
IA

Frequently Asked Questions

What are today's mortgage rates in Readlyn?

As of today, the 30-year fixed mortgage rate for Readlyn is approximately 7.016% (7.060% 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 Readlyn?

The median home value in Readlyn is $206k. The median monthly rent is $635. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Readlyn?

Home values in Readlyn have increased 20.4% 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 Readlyn?

Based on a typical all-in ownership cost of $1,177/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Readlyn is $87k/year.

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What industries drive the economy in Readlyn?

The largest employment sectors in Readlyn are retail (25%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.