The story of this market
The typical home in ZIP 50104 sells for about $63,000, or $65 per square foot.
Prices are up +5% from a year ago, so sellers still have some momentum. Homes take about 142 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $750 a month.
ZIP 50104 — Gibson
The housing market in 50104 is extremely low-volume, characterized by very limited inventory and infrequent sales. Market conditions remain stable with minimal price movement, reflecting the rural nature of the area.
This ZIP is suitable for those seeking a quiet, rural lifestyle in a very small community, primarily appealing to local residents or those looking for low-cost housing.
Median prices moved up 5.0% year over year.
Homes spend a median of 142 days on market with 12.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 21.4% · poverty 11.7% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50104, Keokuk County IA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Iowa) — Iowa Property Tax Assessment Limitation: The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
The local economy is primarily driven by agriculture and small-scale local services within Keokuk County.
Keokuk County Assessor manages property valuations based on biennial assessment cycles.
Parcels are subject to Keokuk County and local school district levies.
Data retrieved from census.gov ZCTA-level tables.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.