The story of this market
The typical home in ZIP 52301 sells for about $160,300, or $105 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 52301 — Marengo
The housing market in 52301 remains stable with low inventory and modest price appreciation. Demand is driven by local residents seeking affordable housing, though the limited sales volume reflects a quiet, rural market environment. Figures for specific metrics like price cuts and days on market are based on limited local activity.
This ZIP is well-suited for families and retirees seeking affordable, small-town living with a lower cost of entry compared to nearby metropolitan areas, though it requires a commute for major employment.
Median prices moved up 2.1% year over year.
Homes spend a median of 88 days on market with 5.5 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 2.3% · poverty 7.8% — 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 2.8%/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 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 52301, Iowa County IA
Crime rates in Marengo are generally low and consistent with rural Iowa standards, with no significant upward trends reported in recent local safety assessments.
The area is served by the Iowa Valley Community School District, which maintains a stable reputation for providing foundational education in a small-town setting.
The region faces standard Midwestern risks including severe thunderstorms and occasional flooding near the Iowa River, with insurance premiums reflecting typical regional hazard profiles.
Economic momentum is driven by local agricultural support services and small-scale manufacturing, with steady but modest infrastructure investment in the Iowa County seat.
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 larger employment hubs like Iowa City or Cedar Rapids via I-80 and local state highways.
The area features access to the Iowa River for outdoor activities, local community parks, and proximity to regional golf courses and small-town shopping districts.
The rental market is limited in depth, primarily consisting of single-family homes and small multi-family units with low turnover and stable, affordable rent trajectories.
The local economy is anchored by agriculture, local government, and small-scale retail, with many residents commuting to larger regional employment centers.
Transportation is dominated by private vehicle use, with I-80 serving as the primary corridor for regional connectivity.
Development is largely focused on small-scale residential infill and maintenance of existing municipal infrastructure.
The Iowa County Assessor manages property valuations based on biennial reassessment cycles following state-mandated guidelines.
Parcels are subject to Iowa Valley Community School District levies and standard county-level service districts.
Property insurance markets are stable, though premiums are sensitive to regional weather-related claims common in the Midwest.
Data retrieved from US Census Bureau ACS 2024 5-year estimates for ZCTA 52301.
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.
Provides local fishing and recreational access.
Central community green space with playground and picnic facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.