Bussey, IA50044

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$163,000
1.1% YoY Growth
Median Household Income
$75,600
43.9% 5-Year Growth
Days on Market
52
63.0% Longer than last year
Home Price Forecast
N/A
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

Property Listings — Bussey, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Bussey, IA is 52. This is a increase of 63.0% 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
$197,000129.0%
Listing Count
1-14.0%
Listings as % of Homes0.2%-14.0%
Days on Market
5263.0%
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Demographics — Bussey, IA

As of the latest ACS Survey released in 2023, Bussey, IA has a population of 948, which has increased by 3.8% over the past 5 years. Bussey, IA is a moderately popular place for families, as children make up 24.9% of the population. The area has a poorly educated workforce, with 12.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
9483.8%
% Under 18
24.9%4.2%
% Seniors
14.6%-37.1%
% WFH
8.4%460.0%
% w/ College Degree
12.2%45.2%
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Bussey, IA lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
97.8%-1.8%
% Black
0.0%N/A
% Hispanic
2.2%1,000.0%
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Bussey, IA

According to HUD data as of 2023, there were 48 mortgage originations in Bussey, IA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Bussey, IA. Investor activity is low, as 4.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
48
% Conventional Loans
83.0%
% Government Loans
17.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Bussey, IA

Bussey, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$680
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,070
4 BedroomN/AN/A$1,160

Affordability — Bussey, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2
Median Home Price$163,000
Median Household Income$75,600

Bussey, IA — ZIP Code Boundary Map

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Frequently Asked Questions