Adel, IA 50003 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Adel, IA—50003

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$392,000

2.4% YoY Growth

Household Income

$105,000

22.6% YoY Growth

Days on Market

40.0% Shorter YoY

Home Price Forecast

1.1%

Median Rent

$1,150

24.3% YoY Growth

1-Bed Rent

$625

14.4% YoY Growth

2-Bed Rent

$855

8.0% YoY Growth

3-Bed Rent

$1,150

20.0% YoY Growth

Home Price Trends — Adel, IA

As of Dec '25, the median home price in Adel, IA is $392,000, 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 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$392,000	2.4%
Single Family	$397,000	2.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

0.7%

1 Bedroom

35.4%

2 Bedrooms

10.8%

3 Bedrooms

33.5%

4 Bedrooms

19.6%

Property Listings — Adel, IA

As of Dec '25, Realtor.com reports that the median days on market for a home in Adel, IA is 50. This is a decrease of -47.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$380,000	-3.0%
Listing Count	73	-1.0%
Listings as % of Homes	1.1%	-1.0%
Days on Market	66	-40.0%

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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%

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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%

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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%

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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

Adel, IA—50003

Key Metrics at a Glance

Home Price Trends — Adel, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Adel, IA

% of Rental Stock

Property Listings — Adel, IA

Demographics — Adel, IA

Race and Ethnicity

Mortgage and Risk — Adel, IA

Mortgages

Rentals and Section 8 — Adel, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Adel, IA

Home Price to Income Ratio

Adel, IA — ZIP Code Boundary Map

Nearby ZIP Codes

De Soto, IA

Minburn, IA

Dallas Center, IA

Earlham, IA

Waukee, IA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$392,000
Median Household Income	$105,000

Adel, IA—50003

Key Metrics at a Glance

Home Price Trends — Adel, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Adel, IA

% of Rental Stock

Property Listings — Adel, IA

Demographics — Adel, IA

Race and Ethnicity

Mortgage and Risk — Adel, IA

Mortgages

Rentals and Section 8 — Adel, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Adel, IA

Home Price to Income Ratio

Adel, IA — ZIP Code Boundary Map

Nearby ZIP Codes

De Soto, IA

Minburn, IA

Dallas Center, IA

Earlham, IA

Waukee, IA

Frequently Asked Questions

What is the average home price in Adel, IA 50003?

How have home prices in Adel, IA 50003 changed over the past year?

What is the home price projection for Adel, IA 50003?

What are the demographics of Adel, IA 50003?

How long does it take homes to sell in Adel, IA 50003?

What is the average rent price in Adel, IA 50003?