The story of this market
The typical home in ZIP 50542 sells for about $179,900, or $100 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $607 a month.
ZIP 50542 — Goldfield
The housing market in 50542 is characterized by low inventory and slow turnover typical of rural Iowa. Prices remain stable with limited sales activity, reflecting a quiet market environment.
This ZIP is best suited for rural-focused buyers and those seeking affordable single-family housing in a small-town setting.
Median prices moved up 5.2% year over year.
Homes spend a median of 120 days on market with 6.0 months of supply — a slower-moving market.
20% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 9.8% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 50542, Wright 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 local economy is primarily driven by agriculture and small-scale regional commerce.
Data retrieved from data.census.gov ZCTA 50542 profile.
- Heartland Museum4.89.8 mi
- Heartland Museum4.89.8 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.