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Patterson, IA—50218

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$304,000
N/A
Household Income
$71,800
32.9% YoY Growth
Days on Market
69
94.0% Longer YoY
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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Patterson, IA

Patterson, IA lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
N/AN/A
Single Family N/AN/A
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    2 Bedrooms
    35.4%
    3 Bedrooms
    60.8%
    4 Bedrooms
    3.8%

    Rental Trends — Patterson, IA

    Patterson, IA lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    16.7%
    3 Bedrooms
    83.3%

    Property Listings — Patterson, IA

    As of May '26, Realtor.com reports that the median days on market for a home in Patterson, IA is 69. This is a increase of 94.0% 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 100.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$304,000-2.0%
    Listing Count
    		4233.0%
    Listings as % of HomesN/A233.0%
    Days on Market
    		6994.0%
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    Demographics — Patterson, IA

    As of the latest ACS Survey released in 2023, Patterson, IA has a population of 293, which has increased by 94.0% over the past 5 years. Patterson, IA is a moderately popular place for families, as children make up 19.1% of the population. The area has a poorly educated workforce, with 8.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		29394.0%
    % Under 18
    		19.1%25.7%
    % Seniors
    		13.3%-33.2%
    % WFH
    		5.0%∞%
    % w/ College Degree
    		8.5%254.2%
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    Patterson, IA lacks sufficient race and ethnicity data for analysis.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		84.0%-16.0%
    % Black
    		0.0%N/A
    % Hispanic
    		2.0%∞%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.0%N/A
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    Mortgage and Risk — Patterson, IA

    Patterson, IA lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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 — Patterson, IA

    Patterson, 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$990
    2 BedroomN/AN/A$1,180
    3 BedroomN/AN/A$1,580
    4 BedroomN/AN/A$1,590

    Affordability — Patterson, IA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home PriceN/A
    Median Household Income$71,800

    Patterson, IA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Saint Charles, IA

    50240

    Prole, IA

    50229

    Van Meter, IA

    50261

    Martensdale

    50160

    Saint Marys

    50241

    Frequently Asked Questions