The story of this market
The typical home in ZIP 52171 sells for about $189,300, or $120 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $475 a month.
ZIP 52171 — Waucoma
The housing market in 52171 is characterized by low inventory and slow turnover, typical of a rural Iowa community. Prices have seen modest appreciation, driven by limited supply rather than high demand. The market remains stable with little speculative activity.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with a low cost of living and strong community ties.
Median prices moved up 2.1% year over year.
Homes spend a median of 112 days on market with 7.0 months of supply — a slower-moving market.
8% 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 0.6% · poverty 0.8% — 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 3.8%/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 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 52171, 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.
Schools serving the area are primarily rural district-based, with performance metrics generally consistent with regional Iowa averages.
The area is subject to standard Midwestern weather risks, including seasonal flooding near the Turkey River and potential for severe wind events.
Economic momentum is driven by local agricultural production and small-scale manufacturing, with limited large-scale infrastructure 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 traveling to nearby regional hubs like Decorah or West Union for employment.
The area features access to rural outdoor activities including fishing and hiking along the Turkey River, with limited commercial shopping within a 3-mile radius.
The rental market is characterized by low inventory and limited turnover, primarily serving local workers and long-term residents.
The local economy is heavily reliant on agriculture and small-town service industries, with limited major corporate presence.
No major commercial or residential developments are currently reported for this rural ZIP code.
Parcels are subject to local school district levies and county-wide emergency service assessments.
Property insurance premiums are stable but reflect regional exposure to severe weather events common in Northeast Iowa.
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.
Provides local recreational opportunities including fishing and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.