The story of this market
The typical home in ZIP 51646 sells for about $135,000, or $98 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 51646 — New Market
The housing market in 51646 is characterized by low inventory and slow turnover, typical of a small rural community. Most metrics are not published at the ZIP level by major portals, requiring reliance on local census and utility data. Market conditions remain stable with minimal price volatility.
Median prices moved up 2.1% year over year.
Homes spend a median of 42 days on market with 4.0 months of supply — a fast-moving market.
15% 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 3.8% · poverty 9.5% — 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 4.0%/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 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 51646, Taylor 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.
Data retrieved from Census ACS 5-year estimates for ZCTA 51646.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
- Villisca Axe Murder House4.613.2 mi
- Lake of Three Fires State Park4.510.3 mi
- Villisca Axe Murder House4.613.2 mi
- Lake of Three Fires State Park4.510.3 mi
- Hy-Vee Grocery Store4.38.7 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.