The story of this market
The typical home in ZIP 52166 sells for about $247,000, or $163 per square foot.
Prices are down 6.2% from a year ago, which gives buyers more room to negotiate. Homes take about 97 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 52166 — Riceville
The housing market in 52166 is currently balanced, characterized by moderate price growth and a steady supply of inventory. While year-over-year prices have seen a slight decline, the market remains stable for local buyers. Demand is driven by the area's affordability and rural lifestyle appeal.
This area is best suited for families and individuals seeking a rural lifestyle, affordability, and proximity to outdoor recreation.
Median prices moved down 6.2% year over year.
Homes spend a median of 97 days on market with 3.8 months of supply — a balanced-paced market.
33% of listings have cut prices · homes sell at 96.8% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 6.6% — 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 6.1%/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 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 52166, Allamakee 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.
Schools in the region are primarily served by local independent districts, with performance generally consistent with rural Iowa standards.
The area faces typical Midwestern climate risks, including seasonal flooding near the Mississippi River and severe weather events.
Economic momentum is driven by agriculture, manufacturing, and tourism, 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 often traveling to regional employment hubs in larger nearby cities.
The area features significant outdoor amenities including Mississippi River access, public parks, and trails suitable for hiking and fishing.
The rental market is characterized by limited inventory and stable demand, with few short-term rental pressures.
The local economy is anchored by agriculture, small-scale manufacturing, and tourism related to the Mississippi River.
Transportation is dominated by rural highway corridors with no significant public transit infrastructure.
Development is focused on small-scale residential and infrastructure maintenance as outlined in the county comprehensive plan.
The Allamakee County Assessor manages property valuations based on state-mandated assessment cycles.
Parcels are subject to local school district levies and county-wide service taxes.
Property insurance premiums are influenced by regional weather risks, including wind and flood exposure.
Iowa is a judicial foreclosure state requiring court intervention for the foreclosure process.
Sellers are required to provide a standard real estate disclosure statement regarding the condition of the property.
Data aggregated from Allamakee County 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.
Provides extensive boating, fishing, and recreational opportunities.
Large public forest area offering hiking, camping, and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.