The story of this market
The typical home in ZIP 50401 sells for about $158,000, or $113 per square foot.
Prices are up +3.4% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $875 a month.
ZIP 50401 — Mason City
The Mason City housing market is experiencing modest price appreciation with a median sale price of $158,000. While sales volume has increased slightly year-over-year, the market remains characterized by longer days on market and a notable vacancy rate in the rental sector. Overall, the market is stable but reflects the broader economic trends of the North Iowa region.
This ZIP is suitable for budget-conscious buyers and families looking for established housing stock in a regional hub, though investors should note the higher vacancy rates.
Median prices moved up 3.4% year over year.
Homes spend a median of 62 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.7% · poverty 11.4% — a stable, low-distress profile.
ZCTA 50401, Cerro Gordo 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.
The mean travel time to work for residents is approximately 13.5 minutes.
The area features local parks and is historically significant for its architecture, with proximity to Clear Lake for regional recreation.
The rental market shows a vacancy rate of approximately 9.6%, which may signal weakening demand in the local rental sector.
Mason City serves as a regional economic hub for North Iowa with a mix of manufacturing, healthcare, and retail sectors.
The city is served by regional highway corridors and maintains a historic connection to the nearby Clear Lake area.
Data aggregated from Census Bureau and local market reports.
A notable residential development featuring architecture by Frank Lloyd Wright and his contemporaries.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.