The story of this market
The typical home in ZIP 50510 sells for about $175,000, or $112 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $777 a month.
ZIP 50510 — Albert City
The housing market in ZIP 50510 remains stable, characterized by low inventory and modest price appreciation consistent with rural Iowa trends. Demand is driven by local workforce needs, with limited new construction keeping the market balanced. Prices have seen steady growth over the last decade, reflecting the area's affordability and economic stability.
This ZIP is best suited for families and long-term residents seeking an affordable, quiet, small-town lifestyle, as well as workers in the local agricultural and manufacturing sectors.
Median prices moved up 2.4% year over year.
Homes spend a median of 68 days on market with 5.2 months of supply — a balanced-paced market.
12% 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 3.6% · poverty 10.8% — 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 3.8%/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 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 50510, Kossuth 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.
Crime rates in this rural Iowa region remain significantly lower than national averages, with property and violent crime incidents reported as infrequent.
Local schools are primarily served by the Algona Community School District, which maintains a stable reputation for providing foundational education in a small-town setting.
The area faces standard Midwestern climate risks, including seasonal severe thunderstorms and occasional flooding near local waterways; property insurance remains generally accessible.
The local economy is heavily anchored by the agricultural sector and related manufacturing, with steady but modest economic momentum focused on maintaining rural infrastructure.
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.
Commuting is primarily car-dependent, with residents typically traveling within the county for employment; there is no significant public transit infrastructure.
Recreational amenities include local municipal parks, access to regional trail systems, and proximity to outdoor activities like fishing and hunting common in rural Kossuth County.
The rental market is characterized by low turnover and limited inventory, with demand driven primarily by local workforce needs rather than investor-led short-term rental activity.
The economy is driven by agriculture, agribusiness, and local manufacturing, with the county seat of Algona serving as the primary commercial hub.
Transportation is dominated by regional highway corridors; there is no public transit system serving the area.
Development is limited to small-scale residential and commercial improvements, with no major large-scale projects currently in the pipeline.
The Kossuth County Assessor manages property valuations, focusing on agricultural land assessments and residential property tax equalization.
Parcels are subject to standard county and school district levies, with no significant MUD or PID special districts reported.
Property insurance remains stable, though premiums are influenced by regional exposure to severe weather events common in the Midwest.
The state experiences modest net domestic migration, with rural counties like Kossuth seeing stable or slightly declining population trends.
Iowa is a judicial foreclosure state, requiring court intervention for the foreclosure process, which generally provides a longer timeline for homeowners.
Iowa requires sellers to provide a written disclosure statement regarding the condition of the property, covering major systems and known defects.
Data retrieved from US Census Bureau ZCTA-level tables for 50510.
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.
- King's Pointe Resort4.113.5 mi
- King's Pointe Resort4.113.5 mi
- Sunset Park4.514.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and community gathering areas.
Historic anchor located in the county seat.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.