The story of this market
The typical home in ZIP 50665 sells for about $249,900, or $135 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $846 a month.
ZIP 50665 — Parkersburg
The housing market in 50665 remains stable with low inventory and modest price growth consistent with rural Iowa trends. Demand is driven by local residents and those seeking affordable housing within commuting distance of larger regional hubs. Market activity is characterized by low turnover and steady, predictable pricing.
This ZIP is best suited for families and local workers seeking an affordable, small-town lifestyle with a lower cost of living compared to larger nearby metro areas.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 4.8 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 12.7% — 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 6.6%/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
ZCTA 50665
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Aplington-Parkersburg Community School District, which maintains a stable reputation within the regional rural Iowa educational landscape.
The region is subject to standard Midwestern weather risks, including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying areas near regional creeks.
Economic momentum is driven by local agricultural support services and small-scale manufacturing, with infrastructure focused on maintaining regional highway connectivity.
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 driving to nearby employment hubs in Waterloo or Cedar Falls via Highway 57.
Local amenities include community parks, local sports fields, and proximity to regional outdoor recreation areas; shopping is limited to essential local services.
The rental market is characterized by low inventory and steady demand from local workers, with limited turnover and minimal short-term rental presence.
The local economy is anchored by agriculture, agribusiness, and small-scale manufacturing, with many residents commuting to the Waterloo-Cedar Falls metropolitan area for broader employment opportunities.
Transportation is dominated by private vehicle use, with Highway 57 serving as the primary arterial route connecting the community to regional employment centers.
Development is primarily focused on small-scale residential infill and maintenance of existing municipal infrastructure.
Parcels are subject to Aplington-Parkersburg Community School District levies and standard county-level taxing authorities.
Property insurance premiums are influenced by regional exposure to severe weather events, including wind and hail, which are common in the Iowa plains.
Data retrieved from data.census.gov ZCTA 50665 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.
- Get Air Trampoline Park4.318.9 mi
- Palmer's Family Fun4.719.8 mi
- Chuck E. Cheese4.217.4 mi
- Escapology Escape Rooms Cedar Falls517.2 mi
- UNI-Dome4.515.4 mi
- McLeod Center4.715.4 mi
- Palmer's Family Fun4.719.8 mi
- Escapology Escape Rooms Cedar Falls517.2 mi
- Wilder Park4.711.9 mi
- Hearst Center For the Arts4.716.3 mi
- Wilder Park4.711.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community green space with playground and picnic facilities.
Local natural feature providing scenic views and light recreational access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.