The story of this market
The typical home in ZIP 52627 sells for about $149,000, or $112 per square foot.
Homes take about 94 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 52627 — Fort Madison
The housing market in 52627 remains stable with low median home values compared to national averages. Market activity is characterized by a limited inventory of homes and steady demand for affordable housing. No significant price volatility or major new development projects are currently driving the market.
This ZIP is well-suited for budget-conscious family buyers and local workers seeking affordable housing options in a riverfront community.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 94 days on market with 8.3 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 14.8% — 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 3.2%/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 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 52627, Lee County IA
The area is served by the Fort Madison Community School District, which provides standard public education services for the region.
The area is located along the Mississippi River, presenting localized flood risks; property insurance premiums are influenced by regional weather patterns.
Economic momentum is tied to regional manufacturing and healthcare sectors, with limited large-scale new development projects currently reported.
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 access to regional employment centers via local highway corridors.
The area features access to the Mississippi River waterfront, local parks, and community sports facilities.
The rental market is characterized by a high share of 2-bedroom units with stable vacancy pressure.
The local economy is anchored by manufacturing and healthcare services, with employment centered in the city of Fort Madison.
Transportation is primarily served by regional highway networks with limited public transit infrastructure.
No major large-scale commercial or residential developments are currently reported in the pipeline.
Lee County Assessor manages property valuations based on state-mandated assessment cycles.
Parcels are subject to standard municipal and county tax levies; no specific MUD/PID districts are identified.
Property insurance market is stable, though premiums reflect regional flood and wind exposure risks.
Data retrieved from US Census Bureau QuickFacts and ZCTA-level ACS 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. Source: NCES EDGE public school locations 2023-24.
Provides recreational boating and fishing access.
Local community green spaces and playgrounds.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.