The story of this market
The typical home in ZIP 50003 sells for about $402,824, or $228 per square foot.
Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $933 a month.
ZIP 50003 — Adel
The Adel 50003 market is characterized by a median home value of approximately $402,824 and a high price-to-rent ratio, suggesting a market where owner-occupancy is more prevalent than rental investment. Current inventory includes a mix of new construction and existing homes, with market conditions remaining stable.
This ZIP is suited for buyers seeking a suburban environment within the Des Moines metro area, though investors may find the high price-to-rent ratio challenging.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 53 days on market with 0.0 months of supply — a fast-moving 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 2.4% · poverty 4.8% — a stable, low-distress profile.
ZCTA 50003, Dallas 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.
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 market shows a high price-to-rent ratio of 32.6, making it difficult for investors to achieve positive cash flow at current valuations.
The area is part of the broader Des Moines metropolitan economy, which features a diverse mix of insurance, financial services, and government sectors.
Data sourced from Repit.org and Trulia listings.
- Spare Time Des Moines4.212.9 mi
- Sky Zone Trampoline Park4.314.3 mi
- K1 Speed Des Moines4.314.3 mi
- Clive Aquatic Center4.514.3 mi
- Get Air Trampoline Park416.2 mi
- Val Air Ballroom4.218 mi
- Vibrant Music Hall4.310.5 mi
- Spare Time Des Moines4.212.9 mi
- Horizon Events Center4.115.1 mi
- Jester Park4.717.7 mi
- The Palms Theatres & IMAX4.79.6 mi
- Spare Time Des Moines4.212.9 mi
- Valley View Park4.612.2 mi
- Badger Creek State Recreation Area4.312.9 mi
- Playgrounds Cafe4.89.8 mi
- Des Moines Art Center4.619.3 mi
- Living History Farms4.514.4 mi
- Des Moines Children's Museum4.515.6 mi
- Salisbury House & Gardens4.719.8 mi
- Historic Cedar Covered Bridge4.718.5 mi
- Waukee Triumph Park4.68.4 mi
- The Brenton Arboretum4.83.8 mi
- Fox Creek Park4.79.7 mi
- Valley View Park4.612.2 mi
- Badger Creek State Recreation Area4.312.9 mi
- Saylorville Lake Marina4.719.8 mi
- River Valley Golf Course3.91.7 mi
- Sugar Creek Golf Course4.38.8 mi
- Broheim's Indoor Golf & Pub4.79.4 mi
- Fleet Farm4.611 mi
- Hy-Vee Grocery Store4.210.1 mi
- Hy-Vee Grocery Store4.412.7 mi
- Shottenkirk Chevrolet Waukee4.58.4 mi
- Des Moines International Airport4.321.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.