The story of this market
The typical home in ZIP 50457 sells for about $275,000, or $135 per square foot.
Prices are up +86.72% from a year ago, so sellers still have some momentum. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $631 a month.
ZIP 50457 — Meservey
The housing market in ZIP 50457 is characterized by very low inventory and limited transaction volume, typical of a small rural community. While median list prices have shown significant volatility, this is largely attributed to the small sample size of active listings rather than broad market shifts.
This ZIP code is primarily suited for rural residents and those seeking a quiet, small-town environment in northern Iowa.
Median prices moved up 86.7% year over year.
Homes spend a median of 55 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.4% · poverty 17.9% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 50457, Iowa
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.
Data retrieved from Census Bureau ZCTA-level profiles.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.