Baxter, IA—50028
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Baxter, IA
As of Oct '25, the median home price in Baxter, IA is $253,000, with a year-over-year change of 5.4%. This indicates that home prices in Baxter, IA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $253,000 | 5.4% |
| Single Family | $255,000 | 5.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $181,000 | 6.5% |
3 Bed | $254,000 | 5.8% |
4 Bed | $338,000 | 6.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Baxter, IA
Baxter, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Baxter, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Baxter, IA is 66. This is a increase of 108.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $318,000 | 46.0% |
Listing Count | 7 | -21.0% |
| Listings as % of Homes | 0.9% | -21.0% |
Days on Market | 66 | 108.0% |
Demographics — Baxter, IA
As of the latest ACS Survey released in 2023, Baxter, IA has a population of 1,930, which has increased by 24.4% over the past 5 years. Baxter, IA is a popular place for families, as children make up 27.5% of the population. The area has a poorly educated workforce, with 20.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,930 | 24.4% |
% Under 18 | 27.5% | 25.0% |
% Seniors | 19.7% | -9.6% |
% WFH | 11.7% | 160.0% |
% w/ College Degree | 20.7% | 5.6% |
As of the latest ACS Survey released in 2023, Baxter, IA is a predominantly white area, with 98.3% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Baxter, IA is hispanic, making up 0.3% of the population. Foreign-born residents account for 0.3% of the population in Baxter, IA, and this percentage has decreased by 82.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.3% | -0.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.3% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.3% | -82.4% |
Mortgage and Risk — Baxter, IA
According to HUD data as of 2023, there were 108 mortgage originations in Baxter, IA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Baxter, IA. Investor activity is low, as 7.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 108 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 7.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Baxter, IA
Baxter, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — Baxter, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $253,000 |
| Median Household Income | $71,000 |