The story of this market
The typical home in ZIP 50582 sells for about $185,000, or $132 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $775 a month.
ZIP 50582 — Rutland
The housing market in 50582 remains stable with modest price appreciation and low inventory levels. Demand is driven by local residents and those seeking an affordable rural lifestyle, keeping the market balanced despite limited new construction.
This ZIP is ideal for families and retirees seeking an affordable, quiet, small-town environment with a lower cost of living compared to major metropolitan areas.
Median prices moved up 2.4% year over year.
Homes spend a median of 48 days on market with 3.8 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.6% — 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 5.4%/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 4.7%/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 50582, Webster 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 area remain low and stable, consistently trending below the state and national averages for rural communities.
Local schools are generally well-regarded for their small class sizes and strong community involvement, though they serve a smaller student population.
The area faces moderate risk from severe thunderstorms and occasional wind events, with standard flood insurance requirements for properties located near local waterways.
Economic momentum is driven by local agricultural support services and small-scale manufacturing, with steady but slow infrastructure investment.
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 rely on personal vehicles for commuting, with most employment centers located within a 30-45 minute drive to larger regional hubs.
The area features access to local parks, community sports fields, and nearby fishing lakes, providing a quiet, outdoor-focused lifestyle.
The rental market is characterized by low turnover and limited inventory, with most units being single-family homes or small multi-family properties.
The local economy is anchored by agricultural production, regional logistics, and small-scale retail services.
Transportation is heavily dependent on highway corridors, with limited public transit options available for regional commuting.
Development is primarily focused on maintaining existing infrastructure and supporting small-scale residential infill projects.
The county appraisal district conducts annual assessments to determine property values for tax purposes, following state-mandated guidelines.
Parcels are subject to local school district taxes and county-wide emergency service district levies.
Property insurance premiums are stable, though coverage for wind and hail damage remains a standard consideration for homeowners.
Data retrieved from data.census.gov using ZCTA 50582 profile.
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.
Provides local green space, playgrounds, and picnic areas for residents.
Popular spot for local fishing and non-motorized boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.