Truro, IA—50257
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Truro, IA
As of Oct '25, the median home price in Truro, IA is $280,000, with a year-over-year change of 1.2%. This indicates that home prices in Truro, IA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $280,000 | 1.2% |
| Single Family | $280,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $284,000 | 2.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Truro, IA
Truro, 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 — Truro, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Truro, IA is 80. This is a decrease of -47.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $309,000 | 34.0% |
Listing Count | 5 | 6.0% |
| Listings as % of Homes | 0.2% | 6.0% |
Days on Market | 80 | -47.0% |
Demographics — Truro, IA
As of the latest ACS Survey released in 2023, Truro, IA has a population of 1,020, which has remained stable by 0.4% over the past 5 years. Truro, IA is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,020 | 0.4% |
% Under 18 | 22.7% | -9.2% |
% Seniors | 15.4% | -33.9% |
% WFH | 6.7% | 28.8% |
% w/ College Degree | 23.1% | 124.3% |
As of the latest ACS Survey released in 2023, Truro, IA is a predominantly white area, with 96.1% of the population identifying as white. The white population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Truro, IA is hispanic, making up 2.9% of the population. Foreign-born residents account for 0.7% of the population in Truro, IA, and this percentage has increased by 16.7% 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 | 96.1% | 4.0% |
% Black | 0.5% | -72.2% |
% Hispanic | 2.9% | -23.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.7% | 16.7% |
Mortgage and Risk — Truro, IA
Truro, 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 |
Loan Activity
No data available
Rentals and Section 8 — Truro, IA
Truro, 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 | $850 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Truro, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $280,000 |
| Median Household Income | $94,600 |