The story of this market
The typical home in ZIP 52653 sells for about $219,000, or $149 per square foot.
Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $729 a month.
ZIP 52653 — Wapello
The housing market in 52653 is characterized by a median home value of approximately $161,000 to $219,000 depending on the source and listing data. Market activity remains modest with limited inventory and a median time on market of 69 days. The area serves as a stable, small-town residential community in Louisa County.
This ZIP code is suitable for families and individuals seeking a rural or small-town lifestyle in southeast Iowa, with a housing market characterized by affordability and a mix of owner-occupied and rental properties.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 69 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 2.1% · poverty 4.5% — a stable, low-distress profile.
ZCTA 52653, Louisa County IA
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 average commute time for residents in this ZIP code is approximately 27.8 minutes.
The rental market in this area shows a median rent of $729 per month, with a significant portion of housing units being renter-occupied.
The local economy is primarily supported by small-scale businesses and agricultural activities typical of the region.
Data retrieved from SimpleMaps US Zips Comprehensive Database, February 2026.
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. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.