The story of this market
The typical home in ZIP 52645 sells for about $199,000, or $115 per square foot.
Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $849 a month.
ZIP 52645 — New London
The Mount Pleasant housing market remains stable with modest price appreciation and low inventory levels. Demand is supported by local employment in manufacturing and healthcare, though population decline presents a long-term challenge for growth. Current conditions favor sellers due to limited supply, while affordability remains a key feature compared to larger regional hubs.
This area is well-suited for families and retirees seeking an affordable, small-town lifestyle with access to essential services and regional connectivity.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 40 days on market with 5.3 months of supply — a fast-moving market.
0% 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 2.0% · poverty 7.7% — 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 5.3%/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 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 52645, Henry 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.
The area is served by the Mount Pleasant Community School District, which provides standard public education services for the region.
The region is subject to standard Midwestern weather patterns, including seasonal thunderstorm and wind risks; flood risk is localized to specific low-lying areas.
Economic momentum is driven by local manufacturing, healthcare, and the presence of Iowa Wesleyan University, with ongoing efforts to address housing development needs.
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 is primarily car-dependent, with residents commuting via US-218 and US-34 toward regional employment hubs in Burlington and Iowa City.
Local amenities include McMillan Park, various community trails, and proximity to Lake Geode State Park for outdoor activities.
The rental market is characterized by steady demand from students and local workers, with limited new inventory and stable vacancy rates.
The local economy is anchored by manufacturing, healthcare services, and education, with a stable employment base serving the surrounding agricultural region.
Transportation is dominated by private vehicle use, with US-218 and US-34 serving as the primary corridors for regional transit.
Local planning efforts are currently focused on housing development studies to address inventory shortages and land-use efficiency.
Henry County utilizes a standard mass-appraisal system for property tax assessments, updated periodically to reflect market value changes.
Parcels are subject to school district levies, county taxes, and municipal assessments for local infrastructure and utility services.
Property insurance premiums are influenced by regional weather risks, including wind and hail, which are typical for the Iowa climate.
Iowa is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a written disclosure statement regarding the condition of the property to potential buyers.
Data retrieved from US Census Bureau and local municipal reports.
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.
- Fun City4.316.6 mi
- Huck's Harbor4.416.6 mi
- Midwest Old Threshers Reunion4.86.7 mi
- 34 Raceway4.711.4 mi
- The Drake4.318.8 mi
- Tri-State Rodeo4.719.9 mi
- Burlington Riverfront Entertainment4.418.9 mi
- Geode State Park4.57.7 mi
- Midwest Old Threshers Reunion4.86.7 mi
- East Lake Park4.65.1 mi
- Oakland Mills Park4.510.1 mi
- Iris Bowling Center & Splitz4.55.7 mi
- Geode State Park4.57.7 mi
- East Lake Park4.65.1 mi
- Oakland Mills Park4.510.1 mi
- Bluff Harbor Marina4.518.6 mi
- Hy-Vee Grocery Store4.55.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community park featuring green space and recreational facilities.
Located nearby, offering fishing, boating, and hiking trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.