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Baxter, IA—50028

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$272,000
9.0% YoY Growth
Household Income
$71,000
13.0% YoY Growth
Days on Market
24
50.0% Longer YoY
Home Price Forecast
0.0%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Baxter, IA

As of May '26, the median home price in Baxter, IA is $272,000, with a year-over-year change of 9.0%. This indicates that home prices in Baxter, IA are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$272,0009.0%
Single Family $273,0009.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$194,00010.9%
    3 Bed
    		$270,0009.3%
    4 Bed
    		$362,00010.7%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.3%
    1 Bedroom
    0.8%
    2 Bedrooms
    29.6%
    3 Bedrooms
    45.2%
    4 Bedrooms
    20.7%
    5+ Bedrooms
    3.4%

    Rental Trends — Baxter, IA

    Baxter, IA lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    1.6%
    2 Bedrooms
    70.7%
    3 Bedrooms
    23.6%
    4 Bedrooms
    4.1%

    Property Listings — Baxter, IA

    As of May '26, Realtor.com reports that the median days on market for a home in Baxter, IA is 24. This is a increase of 50.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$320,00043.0%
    Listing Count
    		7-35.0%
    Listings as % of Homes0.9%-35.0%
    Days on Market
    		2450.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		1,93024.4%
    % Under 18
    		27.5%25.0%
    % Seniors
    		19.7%-9.6%
    % WFH
    		11.7%160.0%
    % w/ College Degree
    		20.7%5.6%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$700
    2 BedroomN/AN/A$900
    3 BedroomN/AN/A$1,240
    4 BedroomN/AN/A$1,260

    Affordability — Baxter, IA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.2
    Median Home Price$272,000
    Median Household Income$71,000

    Baxter, IA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Rhodes, IA

    50234

    Mingo, IA

    50168

    Melbourne, IA

    50162

    Colfax, IA

    50054

    Collins, IA

    50055

    Frequently Asked Questions