The story of this market
The typical home in ZIP 52583 sells for about $108,000, or $78 per square foot.
Prices are up +43.3% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,104 a month.
ZIP 52583 — Promise City
The Keokuk housing market is characterized by low price points and limited inventory. Market activity remains slow with low competition, reflecting broader regional economic trends in Lee County.
Median prices moved up 43.3% year over year.
Homes spend a median of 65 days on market with 5.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 31.4% — a mixed stability profile.
versus the prior ACS vintage
Keokuk city, Iowa
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 anchored by manufacturing and regional services, with the city historically known as 'The Gate City' and 'Power City' due to its location on the Mississippi River.
Data retrieved from US Census Bureau profile for Keokuk city, Iowa.
A historic landmark located within the city.
Major regional landmark and recreational feature.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.