The story of this market
The typical home in ZIP 50680 sells for about $166,174, or $108 per square foot.
Prices are roughly flat from a year ago (-0.8%), a market in balance. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $584 a month.
ZIP 50680 — Wellsburg
The housing market in 50680 is characterized by stable but slow conditions with moderate buyer leverage. Prices have seen a slight year-over-year decline, and elevated vacancy rates suggest a cautious outlook for the area.
This ZIP is primarily suited for experienced real estate operators and investors who can manage the risks associated with a lower-priced, rural market.
Median prices moved down 0.8% year over year.
Homes spend a median of 18 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 2.9% — a stable, low-distress profile.
ZCTA 50680, Grundy 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.
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.
The rental market shows elevated vacancy rates of approximately 8.2%, suggesting potential weakening demand for rental units.
The local economy is primarily driven by rural industry and agricultural support services within Grundy County.
Data retrieved from ZCTA 50680 census profiles.
- Pine Lake State Park4.59.9 mi
- Prairie Bridges Park4.610.4 mi
- Center Theatre4.89.8 mi
- SKYKONE ICE CREAM4.69.9 mi
- Grand Theatre 14.711.3 mi
- Iowa Falls Swinging Bridge4.618.6 mi
- Pine Lake State Park4.59.9 mi
- Hy-Vee Grocery Store4.411.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.