The story of this market
The typical home in ZIP 50477 sells for about $52,321.
Prices are up +9.3% from a year ago, so sellers still have some momentum. HUD's fair market rent for a two-bedroom is $752 a month.
ZIP 50477 — Swaledale
ZIP 50477 is a small, rural community in Cerro Gordo County with a population of approximately 250. The local economy is heavily reliant on service and manual labor sectors, with median household income showing recent growth.
This area is primarily suited for individuals employed in local service and hands-on industries seeking a small, rural community environment.
Median prices moved up 9.3% year over year.
Awaiting this reading — not graded.
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 7.2% · poverty 26.4% — a mixed stability profile.
ZCTA 50477
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 local economy is primarily driven by hands-on and service-based roles, which account for over 72% of the working population.
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 job market is powered by a small base of working residents, with a significant majority employed in service-based and manual labor sectors.
Data retrieved from Point2Homes and US Census Bureau reports.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.