Redfield, IA—50233
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Redfield, IA
As of Oct '25, the median home price in Redfield, IA is $214,000, with a year-over-year change of 0.2%. This indicates that home prices in Redfield, IA are flat. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $214,000 | 0.2% |
| Single Family | $215,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $153,000 | -2.5% |
3 Bed | $250,000 | 2.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Redfield, IA
Redfield, 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 — Redfield, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Redfield, IA is 79. This is a increase of 123.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $346,000 | 178.0% |
Listing Count | 7 | 127.0% |
| Listings as % of Homes | 0.8% | 127.0% |
Days on Market | 79 | 123.0% |
Demographics — Redfield, IA
As of the latest ACS Survey released in 2023, Redfield, IA has a population of 1,380, which has increased by 1.4% over the past 5 years. Redfield, IA is a moderately popular place for families, as children make up 23.4% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,380 | 1.4% |
% Under 18 | 23.4% | 12.0% |
% Seniors | 18.6% | -2.1% |
% WFH | 4.6% | -42.5% |
% w/ College Degree | 22.4% | 14.9% |
As of the latest ACS Survey released in 2023, Redfield, IA is a predominantly white area, with 96.3% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Redfield, IA is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.1% of the population in Redfield, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.3% | -3.0% |
% Black | 0.2% | ∞% |
% Hispanic | 1.2% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | ∞% |
Mortgage and Risk — Redfield, IA
According to HUD data as of 2023, there were 109 mortgage originations in Redfield, IA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Redfield, IA. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 109 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Redfield, IA
Redfield, 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 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | N/A | N/A | $1,180 |
| 3 Bedroom | N/A | N/A | $1,580 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Redfield, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $214,000 |
| Median Household Income | $80,400 |