Paton, IA 50217 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Paton, IA—50217

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$194,000

4.8% YoY Growth

Household Income

$63,400

6.0% YoY Growth

Days on Market

N/A

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Paton, IA

Paton, IA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$194,000	4.8%
Single Family	$194,000	4.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Paton, IA

Paton, 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

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% of Rental Stock

1 Bedroom

13.3%

2 Bedrooms

30.0%

3 Bedrooms

36.7%

4 Bedrooms

20.0%

Property Listings — Paton, IA

Paton, IA lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	N/A	N/A
Days on Market	N/A	N/A

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Demographics — Paton, IA

As of the latest ACS Survey released in 2023, Paton, IA has a population of 474, which has decreased by -25.5% over the past 5 years. Paton, IA is a moderately popular place for families, as children make up 19.6% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	474	-25.5%
% Under 18	19.6%	-10.9%
% Seniors	18.6%	77.1%
% WFH	12.3%	846.2%
% w/ College Degree	13.4%	-33.7%

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As of the latest ACS Survey released in 2023, Paton, IA is a predominantly white area, with 98.7% of the population identifying as white. The white population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Paton, IA is asian, making up 1.3% of the population. Foreign-born residents account for 1.3% of the population in Paton, IA, and this percentage has decreased by 7.1% 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	98.7%	1.4%
% Black	0.0%	N/A
% Hispanic	0.0%	-100.0%
% Asian	1.3%	-7.1%
% Foreign Born	1.3%	-7.1%

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Mortgage and Risk — Paton, IA

Paton, 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

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Rentals and Section 8 — Paton, IA

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

Section 8 Market Size

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

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$670
2 Bedroom	N/A	N/A	$880
3 Bedroom	N/A	N/A	$1,200
4 Bedroom	N/A	N/A	$1,420

Paton, IA—50217

Key Metrics at a Glance

Home Price Trends — Paton, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Paton, IA

% of Rental Stock

Property Listings — Paton, IA

Demographics — Paton, IA

Race and Ethnicity

Mortgage and Risk — Paton, IA

Mortgages

Rentals and Section 8 — Paton, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Paton, IA

Home Price to Income Ratio

Paton, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Harcourt, IA

Gowrie, IA

Grand Junction, IA

Boxholm

Callender, IA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$194,000
Median Household Income	$63,400

Paton, IA—50217

Key Metrics at a Glance

Home Price Trends — Paton, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Paton, IA

% of Rental Stock

Property Listings — Paton, IA

Demographics — Paton, IA

Race and Ethnicity

Mortgage and Risk — Paton, IA

Mortgages

Rentals and Section 8 — Paton, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Paton, IA

Home Price to Income Ratio

Paton, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Harcourt, IA

Gowrie, IA

Grand Junction, IA

Boxholm

Callender, IA

Frequently Asked Questions

What is the average home price in Paton, IA 50217?

How have home prices in Paton, IA 50217 changed over the past year?

What is the home price projection for Paton, IA 50217?

What are the demographics of Paton, IA 50217?

How long does it take homes to sell in Paton, IA 50217?

What is the average rent price in Paton, IA 50217?