The story of this market
The typical home in ZIP 50621 sells for about $227,754, or $118 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $840 a month.
ZIP 50621 — Conrad
The housing market in 50621 remains stable with low transaction volume and modest price appreciation. High vacancy rates and limited inventory suggest a slow-moving market driven by local demand rather than speculative investment.
This ZIP is best suited for local families and long-term residents who value small-town stability and affordability over proximity to major urban employment centers.
Median prices moved up 1.2% year over year.
Homes spend a median of 84 days on market with 4.8 months of supply — a balanced-paced market.
14% 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 0.9% · poverty 3.9% — 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 6.0%/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 50621, Grundy 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 area are generally low and consistent with rural Iowa trends, with no significant spikes reported in recent local law enforcement summaries.
Schools serving the area are part of the BCLUW Community School District, which maintains a stable reputation for small-town educational outcomes.
The area faces standard Midwestern risks including severe thunderstorms and occasional flooding; property insurance remains available but premiums are sensitive to regional weather patterns.
Economic momentum is driven by local agricultural production and small-scale manufacturing, with limited large-scale infrastructure 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.
Commutes are primarily car-dependent, with residents traveling to nearby regional employment hubs like Marshalltown or Waterloo via state highway corridors.
Local recreation is centered on community parks and small-town athletic facilities, with access to regional outdoor activities within a 20-minute drive.
The rental market is characterized by low turnover and limited inventory, with vacancy pressure influenced by the small population base and lack of new multi-family supply.
The economy is heavily reliant on the agricultural sector and local service-based businesses that support the surrounding rural community.
Public transit is not available; the area relies entirely on private vehicle transportation via local and state highways.
There are no major commercial or residential developments currently approved or under construction in the immediate ZIP area.
Not applicable for ZIP-level reporting.
Parcels are subject to local school district taxes and county-level levies for emergency services and road maintenance.
Property insurance markets are stable, though premiums are influenced by regional exposure to severe weather events common in central Iowa.
Not applicable for ZIP-level reporting.
Not applicable for ZIP-level reporting.
Not applicable for ZIP-level reporting.
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.
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.