Housing in Menlo, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$180,500

Median List Price

N/A

Price Per Sq Ft

$128

Days on Market

125

Active Inventory

N/A

Zillow Home Value

$205,372

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 37.5%List Price 19.4%Jun 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

2

Homes Sold 100.0%New Listings 0.0%Pending 100.0%Jun 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$128

Sale $/SF 31.6%List $/SF 57.0%Jun 24Jan 26

Menlo vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Menlo is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$107,100

Median Rent

$1,078

Total Housing Units

168

Vacancy Rate

13.1%

Owner Occupied

90.4%

Renter Occupied

9.6%

Median Property Tax

$1,342

per year

Monthly Cost (w/ Mortgage)

$861

Housing Types

Single Family
91.1%
Multi-Family
4.8%
Mobile Home
4.2%

The current median sale price in Menlo, IA is $180,500 according to Redfin data. Homes spend a median of 125 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $128. The median rent is $1,078 per month (Census ACS). About 90.4% of housing units are owner-occupied. The median year homes were built is 1938. There are 168 total housing units.