The story of this market
The typical home in ZIP 50009 sells for about $261,800, or $194 per square foot.
Prices are roughly flat from a year ago (+0.9%), a market in balance. Homes take about 29 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,232 a month.
ZIP 50009 — Altoona
The housing market in ZIP 50009 reflects the broader Des Moines metropolitan area, characterized by moderate price growth and balanced inventory levels. While local median home values remain stable, the market is seeing a slight increase in active listings, providing more options for buyers compared to previous years. Market conditions are currently driven by steady demand and a moderate pace of sales.
Median prices moved up 0.9% year over year.
Homes spend a median of 29 days on market with 4.1 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.1% · poverty 8.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 50009, Polk 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.
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 US Census Bureau ZCTA 50009 profiles and UnitedStatesZipCodes.org
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.