The story of this market
The typical home in ZIP 52632 sells for about $108,000, or $79 per square foot.
Prices are up +43.3% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $863 a month.
ZIP 52632 — Keokuk
The Keokuk housing market is showing signs of recovery with a significant year-over-year price increase, though it remains highly affordable compared to national averages. Low inventory levels are driving competition, though the market remains relatively slow-paced. Buyers are primarily attracted by the low cost of living and riverfront amenities.
This ZIP is well-suited for budget-conscious family buyers and retirees looking for affordable housing in a riverfront community with a small-town atmosphere.
Median prices moved up 43.3% year over year.
Homes spend a median of 28 days on market with 6.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 17.1% — 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 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 52632, Lee 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.
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.
Residents primarily rely on personal vehicles for commuting, with local access to major regional corridors via US-61 and US-218.
The area features access to the Mississippi River for boating and fishing, along with local parks and historic downtown shopping districts.
The rental market is characterized by stable demand and moderate vacancy rates, with a mix of single-family homes and multi-family units.
The local economy is anchored by manufacturing, healthcare, and retail sectors, with significant influence from regional river-based commerce.
Transportation is primarily highway-based, with US-61 serving as the primary artery connecting the city to regional employment hubs.
The Lee County Assessor manages property valuations based on biennial assessment cycles in accordance with Iowa state law.
Parcels are subject to local school district levies and county-wide service district taxes.
Property insurance premiums are influenced by regional flood risk associated with the Mississippi River and standard Midwestern weather patterns.
Data retrieved from US Census Bureau ZCTA 52632 profiles.
Provides significant recreational opportunities including boating and fishing.
Features local businesses and historic architecture.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.