Colo, IA—50056
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Colo, IA
As of Oct '25, the median home price in Colo, IA is $243,000, with a year-over-year change of 3.6%. This indicates that home prices in Colo, IA are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $243,000 | 3.6% |
| Single Family | $243,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $233,000 | 4.5% |
4 Bed | $277,000 | 5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Colo, IA
Colo, 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 — Colo, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Colo, IA is 36. This is a decrease of -51.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $313,000 | 48.0% |
Listing Count | 6 | 0.0% |
| Listings as % of Homes | 0.6% | 0.0% |
Days on Market | 36 | -51.0% |
Demographics — Colo, IA
As of the latest ACS Survey released in 2023, Colo, IA has a population of 1,120, which has decreased by -21.8% over the past 5 years. Colo, IA is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,120 | -21.8% |
% Under 18 | 21.6% | -22.6% |
% Seniors | 22.5% | 43.3% |
% WFH | 14.6% | 812.5% |
% w/ College Degree | 24.9% | 14.7% |
As of the latest ACS Survey released in 2023, Colo, IA is a predominantly white area, with 96.5% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Colo, IA is hispanic, making up 1.7% of the population. Foreign-born residents account for 0.7% of the population in Colo, IA, and this percentage has decreased by 46.2% 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 | 96.5% | 0.1% |
% Black | 0.0% | N/A |
% Hispanic | 1.7% | -45.2% |
% Asian | 0.9% | ∞% |
% Foreign Born | 0.7% | -46.2% |
Mortgage and Risk — Colo, IA
Colo, IA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Colo, IA
Colo, 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 | 2.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | N/A | N/A | $1,510 |
| 4 Bedroom | N/A | N/A | $1,810 |
Affordability — Colo, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $243,000 |
| Median Household Income | $79,700 |