The story of this market
The typical home in ZIP 50659 sells for about $219,900, or $135 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $737 a month.
ZIP 50659 — New Hampton
The housing market in 50659 is characterized by low inventory and steady, modest price appreciation. Demand remains consistent among local buyers, though the limited supply of homes keeps sales volume low and market conditions balanced.
This ZIP is well-suited for families and long-term residents seeking an affordable, quiet, small-town lifestyle with a strong sense of community.
Median prices moved up 2.5% year over year.
Homes spend a median of 82 days on market with 5.8 months of supply — a balanced-paced market.
12% 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 1.9% · poverty 11.3% — 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 7.5%/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 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50659, Chickasaw 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.
New Hampton exhibits low crime rates consistent with rural Chickasaw County, with property and violent crime incidents significantly below national and state averages.
The New Hampton Community School District is the primary provider, generally regarded as a stable, community-focused district with average performance metrics.
The area faces moderate risk from severe thunderstorms and occasional flooding near the Wapsipinicon River, with standard insurance coverage typically available.
Economic momentum is driven by local manufacturing and agricultural support services, with steady but modest development activity focused on residential infill.
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 typically driving to local employment hubs in New Hampton or commuting to larger regional centers like Waterloo or Cedar Falls.
The area features Mikkelson Park and various local trails, with access to regional fishing and outdoor activities along the Wapsipinicon River.
The rental market is characterized by low inventory and high demand for single-family homes, with limited multi-family options available.
The economy is anchored by manufacturing, agriculture, and local government services, providing a stable employment base for the region.
Transportation is dominated by private vehicle use, with US Highway 63 and 18 serving as the primary regional corridors.
Development is primarily focused on small-scale residential improvements and maintenance of existing infrastructure.
The Chickasaw County Assessor manages property valuations based on biennial assessment cycles following Iowa state law.
Parcels are subject to school district levies and county-wide emergency service and hospital district assessments.
Property insurance remains stable, though premiums are influenced by regional exposure to severe weather events common in the Midwest.
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.
A central community park offering green space and recreational facilities.
Provides local opportunities for fishing and nature observation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.