The story of this market
The typical home in ZIP 50479 sells for about $185,000, or $115 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $839 a month.
ZIP 50479 — Thornton
The housing market in ZIP 50476 is characterized by low inventory and stable, modest price growth consistent with rural Iowa trends. Demand remains steady among local buyers, though the limited number of listings keeps sales volume low. The market is driven by long-term residents and a lack of new construction, resulting in a balanced but slow-moving environment.
This ZIP is best suited for families and individuals seeking a quiet, affordable rural lifestyle with strong community ties and low cost of living.
Median prices moved up 2.1% year over year.
Homes spend a median of 92 days on market with 4.0 months of supply — a balanced-paced market.
8% 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 8.7% — 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 4.5%/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 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50476, 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 Stacyville are significantly lower than the national average, with the area experiencing very few reported violent or property crimes.
The area is served by the St. Ansgar Community School District, which maintains a solid reputation for small class sizes and community-focused education.
The region faces moderate risks from severe thunderstorms and occasional flooding, with standard property insurance coverage generally available.
Economic momentum is driven primarily by local agriculture and small-scale manufacturing, with limited new large-scale commercial development.
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.
Commutes are primarily by private vehicle, with most residents traveling to nearby towns like Osage or St. Ansgar for employment and services.
Local amenities include small community parks and proximity to rural outdoor activities like fishing and hunting in the surrounding Mitchell County landscape.
The rental market is limited and primarily consists of single-family homes, with low turnover and stable, affordable rent levels.
The economy is heavily reliant on the agricultural sector, with support from local small businesses and regional employment in nearby county seats.
Transportation is entirely dependent on personal vehicles, with no public transit infrastructure available in this rural area.
There are no major commercial or residential developments currently approved or under construction in this ZIP code.
The Mitchell County Assessor manages property valuations, typically reassessing properties on a biennial cycle to reflect market changes.
Parcels are subject to Mitchell County taxes and the St. Ansgar Community School District levies.
Property insurance remains stable, though premiums are influenced by regional weather patterns and the age of housing stock.
Iowa has seen modest net domestic migration, with rural counties like Mitchell experiencing stable population levels.
Iowa is a judicial foreclosure state, requiring court intervention for the foreclosure process, which generally provides a longer timeline for homeowners.
Sellers are required to provide a written disclosure statement regarding the condition of the property, including known defects.
Data retrieved from US Census Bureau ZCTA-level tables for 50476.
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.
Local community park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.