Adel, IA—50003
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Adel, IA
As of Oct '25, the median home price in Adel, IA is $389,000, with a year-over-year change of 2.4%. This indicates that home prices in Adel, IA are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $389,000 | 2.4% |
| Single Family | $395,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $240,000 | 4.3% |
3 Bed | $347,000 | 2.7% |
4 Bed | $432,000 | 2.4% |
| 5 Bed | $609,000 | 2.4% |
% of Housing Stock
Rental Trends — Adel, IA
As of July '25, Rentcast reports the average rent in Adel, IA is $1,120, with a year-over-year rent change of -24.3%. Per bedroom, the median rent as of July '25 in Adel, IA is studios: $800, 1-bedrooms: $700, 2-bedrooms: $1,040, 3-bedrooms: $1,200. The most common rental property sizes in Adel, IA are 1-bedroom and 3-bedroom, accounting for 35.4% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,120 |
| Studio Rent | $800 | $800 |
| 1 Bed Rent | $625 | $700 |
| 2 Bed Rent | $855 | $1,040 |
| 3 Bed Rent | $1,150 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Adel, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Adel, IA is 50. This is a decrease of -43.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $386,000 | -4.0% |
Listing Count | 96 | 15.0% |
| Listings as % of Homes | 1.1% | 15.0% |
Days on Market | 50 | -43.0% |
Demographics — Adel, IA
As of the latest ACS Survey released in 2023, Adel, IA has a population of 9,540, which has increased by 34.0% over the past 5 years. Adel, IA is a popular place for families, as children make up 27.1% of the population. The area has a moderately educated workforce, with 44.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,540 | 34.0% |
% Under 18 | 27.1% | -0.4% |
% Seniors | 14.9% | -5.7% |
% WFH | 16.3% | 58.3% |
% w/ College Degree | 44.7% | 5.7% |
As of the latest ACS Survey released in 2023, Adel, IA is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Adel, IA is hispanic, making up 5.5% of the population. Foreign-born residents account for 3.0% of the population in Adel, IA, and this percentage has increased by 275.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.5% | -8.9% |
% Black | 0.7% | 40.0% |
% Hispanic | 5.5% | 1,275.0% |
% Asian | 0.4% | -33.3% |
% Foreign Born | 3.0% | 275.0% |
Mortgage and Risk — Adel, IA
According to HUD data as of 2023, there were 198 mortgage originations in Adel, IA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Adel, IA. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 198 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Adel, IA
Adel, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 19 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $215 | $625 | $840 |
| 2 Bedroom | $155 | $855 | $1,010 |
| 3 Bedroom | $210 | $1,150 | $1,360 |
| 4 Bedroom | N/A | N/A | $1,360 |
Affordability — Adel, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $389,000 |
| Median Household Income | $105,000 |