The story of this market
The typical home in ZIP 50655 sells for about $180,000, or $115 per square foot.
Prices are up +2.4% 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 $633 a month.
ZIP 50655 — Maynard
The housing market in 50655 is a low-volume, rural market characterized by limited inventory and modest price appreciation. Market activity is driven by local demand rather than speculative investment, resulting in a stable but slow-moving environment.
This ZIP is best suited for local workers and families seeking affordable rural living, as it lacks the amenities and transit access required by urban commuters or investors seeking high-velocity turnover.
Median prices moved up 2.4% year over year.
Homes spend a median of 92 days on market with 6.5 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.2% · poverty 8.9% — 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 5.1%/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 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50655, Fayette 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 part of the North Fayette Valley Community School District, which serves the broader rural area.
The area is primarily rural with standard regional risks for severe weather; flood risk is localized to specific low-lying areas near streams.
Economic momentum is limited, with the area functioning primarily as a rural residential base for Fayette County.
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 employment hubs in Oelwein or West Union.
Local recreation is centered on rural outdoor activities, with small community parks and proximity to regional trails.
The rental market is thin with limited inventory, primarily serving local workers and long-term residents.
The economy is driven by agriculture and small-scale local services within Fayette County.
No major commercial or residential developments are currently reported for this rural ZIP.
Fayette County Assessor manages property valuations for tax purposes.
Parcels are subject to North Fayette Valley CSD and local county utility levies.
Standard rural property insurance rates apply; market health is stable but sensitive to regional weather events.
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 green space for recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.