The story of this market
The typical home in ZIP 51027 sells for about $225,000, or $118 per square foot.
Prices are up +16.9% 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 $1,094 a month.
ZIP 51027 — Ireton
The housing market in 51027 is characterized by low inventory and steady price appreciation, driven by limited supply and consistent demand from local families. While sales volume remains low, the market maintains a strong seller-favorable position with high sale-to-list ratios.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle in northwest Iowa, offering affordability compared to larger metro areas.
Median prices moved up 16.9% year over year.
Homes spend a median of 42 days on market with 4.0 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.3% · poverty 8.1% — 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 5.8%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 51027, Sioux 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.
The area is served by local rural school districts with generally stable performance metrics typical of the region.
The area is primarily agricultural with standard regional risks for wind and severe weather; flood risk is generally low but varies by specific parcel.
Economic momentum is driven by the regional agricultural sector and small-town commercial services, with limited large-scale industrial 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 residents traveling to nearby regional employment hubs in Sioux County.
Local recreation includes small community parks and access to rural outdoor activities, with limited large-scale shopping or entertainment within the immediate 3-mile radius.
The rental market is characterized by low inventory and high demand for single-family housing, with limited multi-family options.
The economy is heavily anchored by agriculture, agribusiness, and local service-sector businesses.
Transportation is entirely reliant on private vehicles, with access to regional highways serving the northwest Iowa corridor.
Development is primarily focused on small-scale residential infill and agricultural support infrastructure.
The Sioux County Assessor manages property valuations, utilizing a market-based approach for residential assessments.
Parcels are subject to local school district levies and county-wide service taxes.
Property insurance premiums are influenced by regional severe weather patterns, including wind and hail exposure.
Data retrieved from Census Bureau 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.
Local community park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.