Ankeny, IA—50021
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Ankeny, IA
Home Price Trends — Ankeny, IA
As of Oct '25, the median home price in Ankeny, IA is $317,000, with a year-over-year change of 1.8%. This indicates that home prices in Ankeny, IA are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $317,000 | 1.8% |
| Single Family | $340,000 | 1.8% |
| Condos | $206,000 | 1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $247,000 | 3.8% |
2 Bed | $205,000 | 2.5% |
3 Bed | $302,000 | 2.4% |
4 Bed | $405,000 | 2.0% |
| 5 Bed | $534,000 | 1.7% |
% of Housing Stock
Rental Trends — Ankeny, IA
As of July '25, Rentcast reports the average rent in Ankeny, IA is $1,690, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Ankeny, IA is 1-bedrooms: $1,070, 2-bedrooms: $1,290, 3-bedrooms: $1,820, 4-bedrooms: $2,200. The most common rental property sizes in Ankeny, IA are 2-bedroom and 3-bedroom, accounting for 46.3% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,690 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,120 | $1,070 |
| 2 Bed Rent | $1,330 | $1,290 |
| 3 Bed Rent | $1,700 | $1,820 |
| 4 Bed Rent | $2,300 | $2,200 |
% of Rental Stock
Property Listings — Ankeny, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ankeny, IA is 65. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $352,000 | -1.0% |
Listing Count | 272 | 17.0% |
| Listings as % of Homes | 1.5% | 17.0% |
Days on Market | 65 | 28.0% |
Demographics — Ankeny, IA
As of the latest ACS Survey released in 2023, Ankeny, IA has a population of 29,700, which has increased by 8.4% over the past 5 years. Ankeny, IA is a popular place for families, as children make up 27.1% of the population. The area has a highly educated workforce, with 49.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,700 | 8.4% |
% Under 18 | 27.1% | 1.9% |
% Seniors | 13.8% | 16.0% |
% WFH | 17.8% | 334.1% |
% w/ College Degree | 49.5% | 3.8% |
As of the latest ACS Survey released in 2023, Ankeny, IA is a predominantly white area, with 83.8% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Ankeny, IA is hispanic, making up 5.7% of the population. Foreign-born residents account for 5.8% of the population in Ankeny, IA, and this percentage has increased by 16.0% 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 | 83.8% | -8.4% |
% Black | 4.6% | 155.6% |
% Hispanic | 5.7% | 90.0% |
% Asian | 2.9% | 16.0% |
% Foreign Born | 5.8% | 16.0% |
Mortgage and Risk — Ankeny, IA
According to HUD data as of 2023, there were 528 mortgage originations in Ankeny, IA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Ankeny, IA. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 528 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Ankeny, IA
As of 2024, the percent of homes in Ankeny, IA under the Section 8 program is 1.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Ankeny, IA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 176 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $1,120 | $1,290 |
| 2 Bedroom | $210 | $1,330 | $1,540 |
| 3 Bedroom | $370 | $1,700 | $2,070 |
| 4 Bedroom | -$230 | $2,300 | $2,070 |
Affordability — Ankeny, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $317,000 |
| Median Household Income | $98,800 |