The story of this market
The typical home in ZIP 52550 sells for about $223,500, or $116 per square foot.
Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,038 a month.
ZIP 52550 — Delta
The housing market in 50629 is characterized by very low inventory and limited transaction volume, resulting in a stable but quiet market. Median home prices remain modest at $223,500, reflecting the rural nature of the Buchanan and Fayette county area.
This area is primarily suited for local residents and families seeking a small-town environment with a relatively high median household income compared to the county average.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 72 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.3% · poverty 9.1% — a stable, low-distress profile.
ZCTA 50629, Iowa
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 mean travel time to work for residents is approximately 25.5 minutes.
The local economy is characterized by a mix of small-town commerce and regional agricultural industry.
Data retrieved from Census Reporter profile for Fairbank, IA.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.