The story of this market
The typical home in ZIP 51201 sells for about $232,000, or $159 per square foot.
Prices are up +25.3% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $842 a month.
ZIP 51201 — Sheldon
The Sheldon housing market is experiencing significant price appreciation, with median sale prices rising over 25% year-over-year to $232,000. While inventory remains tight at 36 active listings, the market shows steady engagement from buyers with a 97% sale-to-list ratio. The local economy remains stable, supported by a diverse mix of manufacturing and service-sector jobs.
This ZIP code is well-suited for families and local workers seeking an affordable, small-town environment with a stable housing market and relatively short commute times.
Median prices moved up 25.3% year over year.
Homes spend a median of 92 days on market with 1.9 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 15.3% — 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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 51201
The area is served by the Sheldon Community School District, which provides public education through local elementary and high school facilities.
The local economy is anchored by manufacturing, educational services, and retail trade, with recent growth in employment sectors.
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.
Residents primarily drive alone to work with an average commute time of approximately 16.6 minutes.
The area offers local parks and community facilities within the city limits, providing basic recreational access for residents.
The rental market shows steady demand with an average rent of $842 per month and a vacancy rate of 13.5%.
The economy is driven by manufacturing, educational services, and retail trade, with finance and insurance sectors providing the highest wages.
Transportation is primarily automobile-dependent with access to regional highway corridors.
Parcels are subject to Sheldon Community School District levies.
Data retrieved from US Census Bureau and Data USA profiles.
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. Source: NCES EDGE public school locations 2023-24.
Local community park providing green space and recreational areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.