Sully, IA—50251
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sully, IA
As of Oct '25, the median home price in Sully, IA is $246,000, with a year-over-year change of 5.4%. This indicates that home prices in Sully, IA are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $246,000 | 5.4% |
| Single Family | $246,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $189,000 | 7.4% |
3 Bed | $246,000 | 5.6% |
4 Bed | $287,000 | 5.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sully, IA
Sully, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sully, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sully, IA is 48. This is a decrease of -43.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $242,000 | 18.0% |
Listing Count | 6 | 0.0% |
| Listings as % of Homes | N/A | 0.0% |
Days on Market | 48 | -43.0% |
Demographics — Sully, IA
As of the latest ACS Survey released in 2023, Sully, IA has a population of 1,480, which has increased by 3.9% over the past 5 years. Sully, IA is a popular place for families, as children make up 27.8% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,480 | 3.9% |
% Under 18 | 27.8% | 6.5% |
% Seniors | 19.6% | 15.3% |
% WFH | 5.9% | -42.2% |
% w/ College Degree | 22.9% | 34.7% |
As of the latest ACS Survey released in 2023, Sully, IA is a predominantly white area, with 97.0% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Sully, IA is hispanic, making up 0.5% of the population. Foreign-born residents account for 1.0% of the population in Sully, IA, and this percentage has increased by 900.0% 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 | 97.0% | 1.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.5% | ∞% |
% Asian | 0.4% | ∞% |
% Foreign Born | 1.0% | 900.0% |
Mortgage and Risk — Sully, IA
According to HUD data as of 2023, there were 61 mortgage originations in Sully, IA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Sully, IA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Sully, IA
Sully, 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 | $700 |
| 2 Bedroom | -$200 | $1,100 | $900 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — Sully, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $246,000 |
| Median Household Income | $95,400 |