Dallas, IA50062

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$218,000
6.3% YoY Growth
Median Household Income
$70,700
71.4% 5-Year Growth
Days on Market
54
71.0% 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

Other Zip Codes in Dallas, IA

Property Listings — Dallas, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Dallas, IA is 54. This is a increase of 71.0% 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
$145,000-36.0%
Listing Count
2-15.0%
Listings as % of Homes1.5%-15.0%
Days on Market
5471.0%
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Demographics — Dallas, IA

As of the latest ACS Survey released in 2023, Dallas, IA has a population of 833, which has increased by 20.7% over the past 5 years. Dallas, IA is a popular place for families, as children make up 31.5% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
83320.7%
% Under 18
31.5%9.4%
% Seniors
18.2%-18.0%
% WFH
8.5%-5.6%
% w/ College Degree
17.8%34.8%
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As of the latest ACS Survey released in 2023, Dallas, IA is a predominantly white area, with 93.2% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Dallas, IA is hispanic, making up 4.6% of the population. Foreign-born residents account for 0.6% of the population in Dallas, IA, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.2%-5.5%
% Black
0.0%N/A
% Hispanic
4.6%∞%
% Asian
0.0%N/A
% Foreign Born
0.6%∞%
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Mortgage and Risk — Dallas, IA

According to HUD data as of 2023, there were 49 mortgage originations in Dallas, IA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Dallas, IA. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
49
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
4.0%
% Second Loans
2.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Dallas, IA

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

Section 8 Market Size

Total Units under HUD
4
Total Units Section 8
0
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$760
2 BedroomN/AN/A$970
3 BedroomN/AN/A$1,170
4 BedroomN/AN/A$1,290

Affordability — Dallas, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.8
Median Home Price$218,000
Median Household Income$70,700

Dallas, IA — ZIP Code Boundary Map

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Frequently Asked Questions