The story of this market
The typical home in ZIP 50669 sells for about $165,300, or $105 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $914 a month.
ZIP 50669 — Reinbeck
The housing market in 50669 is characterized by low inventory and steady, modest price appreciation consistent with rural Iowa trends. Demand remains stable, driven by local families and those seeking a lower cost of living compared to nearby metropolitan areas. Market activity is limited by a lack of new construction, keeping the supply of homes for sale tight.
This ZIP is best suited for families and individuals seeking a quiet, small-town lifestyle with affordable housing costs and a strong sense of community.
Median prices moved up 3.2% year over year.
Homes spend a median of 88 days on market with 4.2 months of supply — a balanced-paced market.
15% 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 2.2% · poverty 7.6% — 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 4.1%/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 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50669, Iowa
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 Iowa area are generally low and stable, consistently ranking well below national averages for both violent and property crime.
The area is served by the Gladbrook-Reinbeck Community School District, which is generally regarded for its small class sizes and community-focused educational environment.
The region faces moderate risks from severe thunderstorms and occasional flooding, with standard insurance coverage typically available for residential properties.
Economic momentum is driven primarily by the agricultural sector and local small businesses, with steady but modest development patterns characteristic of rural Iowa.
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 travel times to regional employment hubs like Waterloo or Cedar Falls averaging 30 to 40 minutes.
Local amenities include community parks, youth sports facilities, and access to rural trail systems, with broader shopping and dining options available in nearby larger cities.
The rental market is characterized by low inventory and stable demand, with most units consisting of single-family homes or small multi-family properties.
The local economy is anchored by agriculture, agribusiness, and local manufacturing, with many residents commuting to the nearby Waterloo-Cedar Falls metropolitan area for employment.
Transportation is almost exclusively via private vehicle, with access to regional highways connecting to larger urban centers.
Development is limited to small-scale residential infill and minor commercial improvements within the city limits.
The Grundy County Assessor manages property valuations, utilizing a biennial assessment cycle based on market value and agricultural productivity formulas.
Parcels are subject to school district taxes, county general funds, and local municipal levies for infrastructure and emergency services.
Property insurance remains stable, though premiums are influenced by regional exposure to wind and hail damage common in the Midwest.
Data retrieved from Census Reporter and data.census.gov ZCTA profiles.
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.
- Lost Island Waterpark4.515.8 mi
- Lost Island Themepark4.516.1 mi
- Get Air Trampoline Park4.315.3 mi
- Palmer's Family Fun4.718.4 mi
- Chuck E. Cheese4.215 mi
- UNI-Dome4.514.3 mi
- Young Arena4.717 mi
- McLeod Center4.714.2 mi
- Starbeck's Smokehouse4.416.8 mi
- Waterloo Convention Center4.316.9 mi
- Matchstick Marvels4.911.8 mi
- Prairie Lakes Park4.612.3 mi
- Center Theatre4.810.2 mi
- Prairie Lakes Park4.612.3 mi
- Fleet Farm4.411.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Central community space with playground and picnic areas.
Local 9-hole course serving the immediate area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.