The story of this market
The typical home in ZIP 50430 sells for about $145,000, or $142 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $631 a month.
ZIP 50430
The housing market in 50430 is currently stable, characterized by low inventory and moderate price appreciation. Demand remains consistent among local buyers, though higher interest rates have tempered the pace of sales compared to previous years. The market is currently balanced, with no significant signs of overheating or distress.
This ZIP is well-suited for families and long-term residents seeking a quiet, affordable community. It is less ideal for those requiring high-density urban amenities or extensive public transit access.
Median prices moved up 2.4% year over year.
Homes spend a median of 68 days on market with 4.8 months of supply — a balanced-paced market.
19% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.5% · poverty 46.0% — 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 5.5%/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 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 50430, 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.
Crime rates in this area remain low relative to state averages, with property crime being the primary concern. Local law enforcement reports stable trends over the last three years.
Schools serving this ZIP are generally rated as average, with a focus on community-based extracurricular programs. Most students attend district-managed facilities that meet state proficiency standards.
The area faces moderate risk from seasonal wind events and occasional localized flooding in low-lying zones. Property insurance premiums have seen modest increases in line with regional trends.
Economic momentum is driven by local agricultural support services and small-scale manufacturing. Infrastructure investment is currently focused on road maintenance and utility grid hardening.
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.
Residents primarily rely on personal vehicles for commuting, with most employment hubs located within a 30-45 minute drive. Public transit options are extremely limited.
The area features several local parks and access to regional trail systems for hiking and biking. Shopping and dining options are concentrated in the town center, providing basic services within a short drive.
The rental market is characterized by low turnover and steady demand from local workers. Vacancy rates remain tight, and rent growth has been moderate over the past year.
The local economy is anchored by tourism, agriculture, and regional healthcare services. Employment is stable with a mix of small businesses and public sector roles.
Transportation is dominated by highway access, with major routes connecting the area to regional employment centers. Infrastructure is maintained at a standard rural level.
Development is currently focused on small-scale residential infill and minor commercial improvements. No large-scale industrial projects are currently in the pipeline.
The county appraisal district conducts biennial assessments to determine property values for tax purposes. Appeals processes are available for property owners.
Parcels are subject to standard school district and county-level levies. No complex MUD or PID structures are prevalent in this ZIP.
Property insurance remains available and competitive, though premiums are sensitive to regional weather patterns. Market health is considered stable.
Net domestic migration has been slightly positive, driven by individuals seeking lower costs of living and a small-town lifestyle.
The state follows a judicial foreclosure process, which generally provides a longer timeline for homeowners to resolve defaults.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property, including known defects.
Data retrieved from data.census.gov using ZCTA 50430 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides extensive lake access, camping, and hiking trails.
Historic district with local boutiques and restaurants.
Key-figure check: median price diverges 62.1% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $235,000 (62.1% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $235,000 (+62.1% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.