Coon Rapids, IA50058

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$167,000
8.7% YoY Growth
Median Household Income
$72,800
33.3% 5-Year Growth
Days on Market
55
51.0% Shorter than last year
Home Price Forecast
0.4%
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 — Coon Rapids, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Coon Rapids, IA is 55. 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$275,0005.0%
Listing Count
80.0%
Listings as % of Homes0.8%0.0%
Days on Market
55-51.0%
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Demographics — Coon Rapids, IA

As of the latest ACS Survey released in 2023, Coon Rapids, IA has a population of 1,880, which has decreased by -1.3% over the past 5 years. Coon Rapids, IA is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 17.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,880-1.3%
% Under 18
27.6%7.0%
% Seniors
19.9%-11.2%
% WFH
7.3%-24.0%
% w/ College Degree
17.6%-22.1%
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As of the latest ACS Survey released in 2023, Coon Rapids, IA is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Coon Rapids, IA is hispanic, making up 4.2% of the population. Foreign-born residents account for 1.4% of the population in Coon Rapids, IA, and this percentage has decreased by 6.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.6%-2.9%
% Black
0.0%N/A
% Hispanic
4.2%121.1%
% Asian
0.0%N/A
% Foreign Born
1.4%-6.7%
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Mortgage and Risk — Coon Rapids, IA

According to HUD data as of 2023, there were 12 mortgage originations in Coon Rapids, IA, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Coon Rapids, IA. Investor activity is low, as 0.0% 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
12
% Conventional Loans
50.0%
% Government Loans
50.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Coon Rapids, IA

Coon Rapids, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
6
Total Units Section 8
6
% Rentals under Section 8
3.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$810
2 BedroomN/AN/A$980
3 BedroomN/AN/A$1,330
4 BedroomN/AN/A$1,340

Affordability — Coon Rapids, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2
Median Home Price$167,000
Median Household Income$72,800

Coon Rapids, IA — ZIP Code Boundary Map

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Frequently Asked Questions