The story of this market
The typical home in ZIP 50472 sells for about $254,514, or $155 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $841 a month.
ZIP 50472 — St. Ansgar
The housing market in 50472 is stable, characterized by low inventory and modest price appreciation. Demand remains consistent with local population trends, and the market is driven primarily by local owner-occupants rather than speculative investment.
This ZIP is best suited for families and individuals seeking a quiet, affordable rural lifestyle with strong community ties and a lower cost of living compared to urban centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 88 days on market with 5.3 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.2% · poverty 7.9% — a stable, low-distress 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 7.3%/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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50472, Mitchell 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 the Saint Ansgar area remain low, consistent with rural Mitchell County trends and significantly below national averages.
Public education is primarily served by the St. Ansgar Community School District, which maintains a stable reputation for small-town academic instruction.
The area is subject to standard Midwestern weather risks, including seasonal wind and occasional flood exposure near local waterways; insurance premiums remain moderate.
Economic momentum is driven by local agricultural operations and small-scale manufacturing, with limited large-scale commercial development currently underway.
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.
Commuting is primarily car-dependent, with residents typically driving to nearby employment hubs like Osage or Mason City via regional highway corridors.
The area offers access to local parks, outdoor trails, and fishing opportunities along the Cedar River, with basic shopping and dining located in the downtown core.
The rental market is characterized by low inventory and steady demand, with most units managed by local private owners rather than large institutional firms.
The local economy is anchored by agriculture, agribusiness, and small-town retail services, with employment concentrated in Mitchell County.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure serving the rural geography.
There are no major large-scale commercial or residential developments currently approved or under construction in the ZIP.
Mitchell County Assessor manages property valuations, utilizing a standard mass-appraisal system for residential and agricultural parcels.
Parcels are subject to St. Ansgar Community School District levies and standard county-wide emergency service district taxes.
Property insurance remains stable, though premiums are influenced by regional exposure to severe weather events common in Northern Iowa.
Data retrieved from US Census Bureau ZCTA-level tables.
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 local fishing and recreational boating access.
Central community green space for local events and recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.