The story of this market
The typical home in ZIP 50833 sells for about $144,750, or $105 per square foot.
Prices are down 4% from a year ago, which gives buyers more room to negotiate. Homes take about 86 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 50833 — Bedford
The Creston housing market is currently stable, with a median sale price of $144,750 and a moderate inventory level. Sales activity remains consistent with historical trends, though year-over-year prices have seen a slight decline. The market is driven by local demand and affordability, typical of a rural county seat.
This ZIP is well-suited for budget-conscious family buyers and those seeking a small-town lifestyle with access to regional county-seat amenities.
Median prices moved down 4.0% year over year.
Homes spend a median of 86 days on market with 1.0 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 11.2% — 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 4.8%/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 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50833, Union County IA
The area is served by the Creston Community School District, which provides public education for the local population.
Creston serves as the Union County seat and a regional hub, with economic activity centered on local government, agriculture, and small-scale commerce.
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.
The area features local parks and community facilities typical of a rural Iowa county seat, providing basic outdoor and recreational access.
The rental market is characterized by modest demand and limited inventory, primarily serving local residents and workers.
The economy is driven by local government, agricultural support services, and regional retail trade.
Parcels are subject to standard county and school district levies.
Data retrieved from US Census Bureau QuickFacts and IncomeByZipCode.
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. Source: NCES EDGE public school locations 2023-24.
- Lake of Three Fires State Park4.53.6 mi
- Lake of Three Fires State Park4.53.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing green space and recreational facilities.
Historic anchor for the county seat.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.