The story of this market
The typical home in ZIP 51401 sells for about $245,000, or $158 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $726 a month.
ZIP 51401 — Carroll
The housing market in 51401 remains stable with modest price appreciation and consistent demand for single-family homes. Inventory levels are balanced, and the market is driven by local employment stability and affordability compared to larger urban centers.
This ZIP is well-suited for families and long-term residents seeking an affordable, stable community with a small-town feel and accessible local amenities.
Median prices moved up 3.2% year over year.
Homes spend a median of 72 days on market with 4.1 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 2.1% · poverty 7.9% — 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 3.4%/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 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 51401, Carroll 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.
Carroll maintains a relatively low crime rate compared to national averages, with local law enforcement providing consistent coverage for the city. Reported trends remain stable with typical property-related incidents being the primary concern.
The area is served by the Carroll Community School District, which is generally regarded as providing a stable and supportive educational environment for local families.
The region faces moderate risks related to severe weather, including thunderstorms and occasional high winds, while flood risk is generally localized to specific low-lying areas near regional waterways.
Economic momentum is driven by a mix of manufacturing, healthcare, and agricultural services, with local infrastructure supporting steady, modest development.
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.
Commutes are generally short and efficient, with most residents traveling within the city or to nearby employment hubs via well-maintained local road networks.
The area features several local parks, community sports facilities, and proximity to regional golf courses, providing a variety of outdoor and leisure activities for residents.
The rental market is characterized by stable demand and limited inventory, with most units consisting of single-family homes or small multi-family complexes.
The economy is anchored by healthcare, manufacturing, and agricultural processing, providing a stable employment base for the region.
Transportation is primarily road-based, with US Highway 30 serving as a major corridor for regional connectivity.
Development is focused on modest residential infill and the maintenance of existing commercial infrastructure.
The Carroll County Assessor manages property valuations, utilizing a mass appraisal system to ensure equitable taxation across the county.
Parcels are subject to school district levies and municipal taxes, with no significant MUD/PID presence reported.
Property insurance premiums are influenced by regional weather patterns, with standard coverage widely available.
Net domestic migration has been relatively flat, reflecting the stable, long-term nature of the local population.
Iowa is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a comprehensive property disclosure statement regarding the condition of the home.
Data retrieved from US Census Bureau ACS tables for ZCTA 51401.
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 walking trails and recreational space.
Local course serving the community.
Major regional medical anchor.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.