The story of this market
The typical home in ZIP 50671 sells for about $149,750, or $115 per square foot.
Prices are up +1.3% from a year ago, so sellers still have some momentum. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $650 a month.
ZIP 50671 — Stanley
The housing market in 50671 is characterized by low inventory and slow turnover, typical of a rural Iowa community. Prices remain stable with modest year-over-year growth, driven by limited supply and consistent local demand.
This ZIP is best suited for local workers, retirees, and families seeking an affordable, quiet rural lifestyle with a low cost of living.
Median prices moved up 1.3% year over year.
Homes spend a median of 87 days on market with 3.2 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 10.9% · poverty 14.8% — a mixed stability 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 3.0%/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 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50671, 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.
The area is served by local rural school districts with limited public data available for specific school-level performance ratings.
The region is subject to standard Midwestern climate risks including severe thunderstorms and occasional flooding, with insurance premiums reflecting regional agricultural and weather exposure.
Economic momentum is primarily driven by the surrounding agricultural sector and small-town commercial services, with limited large-scale industrial development.
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 is primarily car-dependent, with residents traveling to nearby regional employment hubs in Bremer or Fayette counties via state highway corridors.
Recreational opportunities are centered on local community parks and rural outdoor activities, with limited large-scale shopping or entertainment venues within a 3-mile radius.
The rental market is characterized by low inventory and modest demand, primarily serving local workers and long-term residents with minimal short-term rental activity.
The local economy is heavily reliant on agriculture and small-scale local commerce, with employment concentrated in nearby larger towns.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure serving this rural ZIP code.
There are no major commercial or residential developments currently approved or under construction in this ZIP code.
Parcels are subject to standard county and school district property tax levies.
Property insurance premiums are stable but reflect the inherent risks of rural Midwestern weather patterns.
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 green space serving the immediate community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.