The story of this market
The typical home in ZIP 50666 sells for about $215,000, or $132 per square foot.
Prices are up +2.4% 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 $684 a month.
ZIP 50666 — Plainfield
The housing market in 50666 remains stable with low inventory and modest price appreciation. Demand is driven by local residents and those seeking affordable rural living, though limited sales volume keeps the market quiet.
This ZIP is ideal for families and individuals seeking a quiet, rural lifestyle with affordable housing options and a strong sense of community.
Median prices moved up 2.4% year over year.
Homes spend a median of 48 days on market with 4.0 months of supply — a fast-moving market.
9% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 4.2% — 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 4.5%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50666, Bremer 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 Plainfield area are generally low, consistent with rural Iowa trends and significantly below national urban averages.
The area is served by the Waverly-Shell Rock Community School District, which maintains a solid reputation for academic performance and student support.
The region faces moderate risk from severe thunderstorms and occasional flooding near the Cedar River basin; standard property insurance is readily available.
Economic momentum is driven by local agricultural production and proximity to larger employment hubs in the Cedar Valley region.
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.
Commuting primarily involves personal vehicle travel via local highways to reach employment centers in Waverly or Waterloo.
Local recreation includes access to small community parks, nearby river access for fishing, and regional trail systems for outdoor activities.
The rental market is characterized by low inventory and high demand for single-family homes, with limited multi-family options available.
The local economy is anchored by agriculture and small-scale manufacturing, with many residents commuting to larger employers in the Waterloo-Cedar Falls metropolitan area.
Transportation is almost exclusively reliant on private vehicles; there is no significant public transit infrastructure serving this rural ZIP.
Development is primarily focused on small-scale residential infill and agricultural support infrastructure.
Bremer County Assessor manages property valuations based on biennial assessment cycles.
Parcels are subject to school district levies and county-wide emergency service assessments.
Property insurance premiums are stable, though coverage for wind and hail damage is a standard consideration for homeowners.
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 playground facilities.
Provides local opportunities for fishing and non-motorized boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.