The story of this market
The typical home in ZIP 50647 sells for about $210,000, or $111 per square foot.
Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $618 a month.
ZIP 50647 — Janesville
The housing market in ZIP 50651 is characterized by high affordability and stable, modest home values compared to state benchmarks. Market activity remains quiet with limited inventory, reflecting a small-town environment that serves as a residential base for the surrounding Waterloo-Cedar Falls metro area.
This ZIP is well-suited for families and individuals seeking an affordable, small-town lifestyle with access to the amenities of the larger Waterloo-Cedar Falls metro area.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 41 days on market with 0.0 months of supply — a fast-moving market.
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 2.0% · poverty 3.1% — a stable, low-distress profile.
ZCTA 50651, Black Hawk 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.
Local schools are generally characterized by high ratings, with some institutions receiving scores as high as 9 out of 10.
The area maintains a stable, small-town economic base with limited large-scale industrial development or major corporate infrastructure projects reported.
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.
Residents typically rely on personal vehicles for commuting, with access to regional employment centers in the Waterloo-Cedar Falls metropolitan area.
The area offers access to local parks and community-focused outdoor spaces, with broader shopping and dining amenities available in nearby larger cities.
The rental market is characterized by high affordability, with median gross rents significantly below federal cost-burden thresholds.
The local economy is integrated into the broader Waterloo-Cedar Falls metropolitan area, which features a mix of manufacturing, education, and healthcare sectors.
Data retrieved from Census Reporter and USAStateStats profiles for La Porte City.
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.
Community-managed green spaces providing local outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.