The story of this market
The typical home in ZIP 50560 sells for about $185,000, or $112 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $833 a month.
ZIP 50560 — Lu Verne
The housing market in 50560 remains stable with modest price appreciation and balanced inventory levels. Demand is supported by local employment stability, though limited new construction keeps the market tight for entry-level buyers.
This ZIP is well-suited for families and long-term residents seeking an affordable, quiet community with a lower cost of living compared to larger metropolitan centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 48 days on market with 3.8 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.5% · poverty 13.3% — 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 5.4%/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 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50560, Webster 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 generally rated as average, with local community support for district-level extracurriculars.
The area is subject to standard Midwestern weather risks, including seasonal wind and storm events; flood risk is localized to specific low-lying drainage areas.
Economic momentum is driven by regional agricultural support services and small-scale manufacturing, with stable but slow 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 most residents driving to nearby regional employment hubs via state highway corridors.
Local amenities include small municipal parks, community sports fields, and proximity to regional outdoor recreation areas for fishing and hiking.
The rental market is characterized by low turnover and steady demand from local workforce households, with limited new multi-family supply.
The economy is anchored by regional healthcare, education, and agricultural processing industries.
Transportation is dominated by private vehicle use, with limited public transit options available for regional connectivity.
Development is primarily focused on infill residential projects and small-scale commercial improvements.
The county appraisal district conducts annual assessments to ensure property valuations align with market trends.
Parcels are subject to standard school district and county-level tax levies for public services.
Property insurance premiums are stable, reflecting the area's moderate risk profile for natural disasters.
Data retrieved from data.census.gov 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.
- Ambrose A. Call State Park4.612.9 mi
- Shrine of the Grotto of the Redemption4.918.7 mi
- Camp Algona POW Museum4.713.5 mi
- Ambrose A. Call State Park4.612.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features walking trails and picnic areas serving the local community.
Provides primary retail and dining access for the surrounding ZIP codes.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.