The story of this market
The typical home in ZIP 52101 sells for about $307,400, or $185 per square foot.
Prices are up +4.21% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $883 a month.
ZIP 52101 — Decorah
The Decorah housing market shows steady demand with limited inventory, keeping prices resilient despite broader economic headwinds. Growth is supported by a stable local economy anchored by education and healthcare, though rising interest rates have tempered the pace of sales compared to previous years.
This ZIP is ideal for families, academics, and outdoor enthusiasts who value a quiet, community-focused lifestyle with access to high-quality local amenities.
Median prices moved up 4.2% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 9.7% — 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 6.5%/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 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 52101, Winneshiek 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.
Decorah maintains a low crime rate, consistently ranking as one of the safer communities in Northeast Iowa with minimal violent crime reported.
The Decorah Community School District is highly regarded, with local schools frequently recognized for strong academic performance and student engagement.
The area faces moderate risk from seasonal flooding near the Upper Iowa River and occasional severe weather, though wildfire risk is minimal.
Economic momentum is driven by Luther College, local manufacturing, and a robust tourism sector centered on outdoor recreation and historic downtown preservation.
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 generally short and manageable, with most residents living within a 10-15 minute drive of major local employers and the downtown core.
The area is a hub for outdoor enthusiasts, featuring extensive trail systems like the Trout Run Trail, numerous public parks, and proximity to the Upper Iowa River.
The rental market is tight due to demand from students and faculty at Luther College, leading to low vacancy rates and consistent rent growth.
The economy is anchored by Luther College, Winneshiek Medical Center, and a diverse mix of small-scale manufacturing and tourism-related businesses.
Transportation is primarily automobile-dependent, though the city is highly walkable and bike-friendly within the central district.
Development is focused on sustainable growth, with recent approvals for small-scale residential infill and improvements to local recreational infrastructure.
The Winneshiek County Assessor manages property valuations, utilizing a biennial assessment cycle to reflect market changes.
Parcels are subject to Decorah Community School District levies and various county-level service districts.
Property insurance premiums are stable, though homeowners are advised to maintain coverage for flood and wind risks common to the region.
Data retrieved from data.census.gov 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.
A popular 11-mile paved loop for biking and walking.
A private liberal arts college that serves as a major cultural and economic anchor.
Features a scenic waterfall and wooded hiking trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.