The story of this market
The typical home in ZIP 50654 sells for about $185,000, or $125 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,639 a month.
ZIP 50654 — Lawler
The housing market in 50654 remains stable with low inventory and consistent, modest price growth. Demand is driven by local residents and those seeking rural affordability, resulting in a balanced market environment.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing options, though it requires a commute for most professional employment.
Median prices moved up 2.5% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 12.4% — 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 3.6%/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 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 50654, Buchanan 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 this rural area are consistently low, with incidents primarily limited to minor property-related issues that remain well below regional and national averages.
Local schools are part of a small rural district that maintains stable performance ratings, focusing on personalized instruction due to smaller class sizes.
The area faces standard Midwestern risks including seasonal severe thunderstorms and occasional flooding near local creek beds, with insurance markets remaining stable.
Economic momentum is driven by local agricultural operations and small-scale manufacturing, with limited new infrastructure development currently planned.
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 primarily commute by personal vehicle to nearby regional employment hubs, with commute times typically ranging from 20 to 40 minutes.
The area offers access to local parks and outdoor recreational spaces, with limited commercial shopping and dining options available within a short driving distance.
The rental market is characterized by low inventory and steady demand, with limited turnover and minimal presence of short-term rental platforms.
The economy is anchored by agricultural production and small-scale local businesses, with most residents commuting to larger nearby cities for professional services.
Transportation is almost exclusively reliant on personal vehicles, with no public transit infrastructure serving this rural ZIP code.
Development is limited to small-scale residential improvements and agricultural infrastructure, with no major commercial projects currently in the pipeline.
The county appraisal district conducts annual assessments to determine property values for tax purposes, following state-mandated guidelines.
Parcels are subject to standard county and school district taxes, with no significant MUD or special utility districts identified.
Property insurance remains available and affordable, with standard coverage for wind and fire risks typical of the region.
Net domestic migration is stable, with a slight trend of residents moving from urban centers to rural areas for affordability.
Iowa is a judicial foreclosure state, requiring court intervention for the foreclosure process, which provides a structured timeline for homeowners.
Sellers are required to provide a comprehensive property disclosure statement detailing the condition of the home and any known defects.
Data retrieved from data.census.gov using ZCTA 50654 profile.
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 basic outdoor recreational facilities and green space for residents.
Offers walking and biking paths connecting rural areas to nearby town centers.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.