The story of this market
The typical home in ZIP 50674 sells for about $149,750, or $105 per square foot.
Prices are up +1.3% 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 $944 a month.
ZIP 50674 — Sumner
The Sumner housing market remains a stable, low-turnover environment with modest price appreciation. Market activity is driven by local demand for affordable single-family homes, with limited inventory and minimal speculative pressure. Current conditions reflect a steady, slow-growth rural economy.
This ZIP is best suited for local families and long-term residents seeking affordable, small-town living, rather than speculative investors or commuters looking for urban proximity.
Median prices moved up 1.3% year over year.
Homes spend a median of 88 days on market with 6.2 months of supply — a balanced-paced market.
12% 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 3.3% · poverty 8.5% — 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 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 2.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50674, 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.
The area is served by the Sumner-Fredericksburg Community School District, which provides local public education.
The region is subject to standard Midwestern weather risks, including severe thunderstorms and occasional flooding; property insurance remains stable but sensitive to regional storm activity.
The local economy is primarily driven by agriculture and small-town commerce, 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.
Commutes are primarily car-dependent, with residents typically driving to nearby employment hubs in Bremer or Black Hawk counties.
Local amenities include community parks and access to rural outdoor recreation, with basic shopping and dining available within the city limits.
The rental market is characterized by low-cost, single-family housing stock with limited institutional investor presence and stable vacancy rates.
The economy is anchored by agricultural services, local retail, and small-scale manufacturing typical of rural northeast Iowa.
Transportation is entirely reliant on personal vehicles, with no public transit infrastructure serving the area.
There are no major large-scale commercial or residential developments currently under construction in the ZIP.
Bremer County Assessor manages property valuations based on standard Iowa assessment cycles.
Parcels are subject to standard county and school district levies with no complex special utility districts.
Property insurance premiums are generally lower than national averages, though coverage for wind and hail is standard.
Iowa is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a standard real estate disclosure form detailing the condition of the property.
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 recreational facilities.
Community resource serving the local population.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.