The story of this market
The typical home in ZIP 50651 sells for about $244,000, or $148 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $971 a month.
ZIP 50651 — La Porte City
The housing market in 50651 remains stable with modest price appreciation and limited inventory. Demand is driven by local residents and commuters seeking affordability, though the market is characterized by lower transaction volumes compared to larger urban centers.
This ZIP is well-suited for families and local workers seeking an affordable, small-town lifestyle within a reasonable commuting distance of the Waterloo-Cedar Falls metro area.
Median prices moved up 1.2% year over year.
Homes spend a median of 52 days on market with 4.1 months of supply — a fast-moving 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 1.2% · poverty 8.7% — 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 6.0%/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 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50651, Black Hawk 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 La Porte City remain low and are generally considered favorable compared to the broader Black Hawk County and regional averages.
The area is served by the Union Community School District, which maintains a stable reputation for academic performance and community-focused programming.
The region faces standard Midwestern climate risks, including seasonal severe thunderstorms and occasional flood risks near the Cedar River basin.
Economic momentum is tied to the broader Waterloo-Cedar Falls metropolitan area, with local growth focused on small-scale residential development and agricultural support services.
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 commute via IA-218 toward Waterloo and Cedar Falls, with typical drive times ranging from 20 to 30 minutes to major employment hubs.
The area features access to the Cedar Valley Nature Trail and local parks like Wolf Creek Recreation Area, providing ample space for outdoor activities and community gatherings.
The rental market is characterized by steady demand from local workers, though vacancy pressure can fluctuate due to the limited supply of modern multi-family housing.
The economy is anchored by agricultural services, local manufacturing, and proximity to the larger industrial and educational employers in the Waterloo-Cedar Falls area.
Transportation is heavily reliant on personal vehicles, with IA-218 serving as the primary arterial corridor for regional access.
Development is largely focused on maintaining existing infrastructure and supporting small-scale residential growth within the city limits.
The Black Hawk County Assessor manages property valuations, utilizing a biennial assessment cycle to determine taxable values.
Parcels are subject to levies from the Union Community School District and Black Hawk County, with specific utility districts managing local water and sewer services.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and hail being essential for homeowners.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
- Lost Island Waterpark4.510.1 mi
- Lost Island Themepark4.59.7 mi
- Get Air Trampoline Park4.316 mi
- Palmer's Family Fun4.717.3 mi
- Chuck E. Cheese4.217.4 mi
- UNI-Dome4.519.1 mi
- Young Arena4.714 mi
- Starbeck's Smokehouse4.414.2 mi
- Waterloo Convention Center4.313.7 mi
- McLeod Center4.719.1 mi
- Marcus Crossroads Cinema4.411.2 mi
- Hickory Hills Park4.67.9 mi
- Cadillac XBC4.412.3 mi
- Iowa's Largest Frying Pan4.59.1 mi
- Cedar Valley Arboretum & Botanic Gardens4.79.7 mi
- Hickory Hills Park4.67.9 mi
- Cedar Valley Arboretum & Botanic Gardens4.79.7 mi
- Meyers Lake/Angels Park4.710.5 mi
- Rodgers Park4.411 mi
- Liberty Park4.112.9 mi
- South Hills Golf Course4.510.2 mi
- T.J. Maxx4.211.5 mi
- Hy-Vee Grocery Store4.311.3 mi
- Dollar General3.811.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides trails and outdoor space for local residents.
A major regional trail system passing through the area for cycling and hiking.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.