c.1900 Three Bedroom Affordable Iowa Home For Sale Under $65K
OHU50K Notes $64,900
c.1900 Three Bedroom Affordable Iowa Home For Sale. This home is affordable and adorable. The hardwood floors and screened in porch are nice features. The home is located on a corner lot under several lovely shade trees.

Realtor Comments
This is a great starter home in a smaller but younger community with a friendly and big heart. Everyone is helpful and ready to help out. There are 4 larger towns surrounding Mallard. There is Pocahontas, West Bend, Emmetsburg, & Laurens. Right in the middle of the hub of the area.
- 3 bed
- 2 bath
- 1,387 sqft
- Build date 1900

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
109 S 5th St, Mallard, IA 50562 $64,900
- Contact Realtor: Russell Jergens
- Google Map
- Niche

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Pros
Very affordable cost of living
- Housing is much cheaper than national averages (homes historically around ~$50k–$140k range).
- Overall expenses (groceries, utilities, etc.) are also lower than average.
Good if you want to save money or buy property cheaply.
Quiet, safe, small-town lifestyle
- Population is only around 250 people, creating a tight-knit community.
- Generally low crime and slower pace of life.
Ideal if you prefer peace, privacy, and knowing your neighbors.
Good schools (for a small town)
- Local schools score relatively well compared to similar areas.
Decent option for families in a rural setting.
Rural feel with homeownership opportunities
- Most residents own homes and the area has a “sparse suburban/rural mix” vibe.
Good if you want land, space, or a slower lifestyle.
Cons
1. Extremely small population
- Only a few hundred residents.
This means: - Very limited shopping, dining, and entertainment
- Few services and amenities
2. Limited job opportunities
- Lower median income and weaker job market compared to state/national averages.
Many people may need to commute or work remotely.
3. Aging population
- Median age is quite high (often 50–60+).
Fewer young people, less nightlife, and potentially fewer long-term economic opportunities.
4. Population decline / stagnation
- The town has seen declining or slow growth in recent years.
Can signal: - Fewer businesses opening
- Limited long-term growth prospects
5Low diversity & limited amenities
- Less diverse population and fewer cultural or recreational options.
Not ideal if you want variety, events, or city life.
Bottom line
Mallard is best for:
- People who want cheap housing + quiet rural living
- Retirees or remote workers
- Those who value community over convenience
It may not be great for:
- Career-focused professionals needing job options
- Young adults wanting nightlife or social variety
- Anyone who prefers city amenities or diversity





















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