View in Interactive Map

What Cheer, IA—50268

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$115,000
5.2% YoY Growth
Household Income
$56,800
36.7% YoY Growth
Days on Market
40
68.0% 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 — What Cheer, IA

What Cheer, IA lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$115,0005.2%
Single Family $115,0008.5%
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
    $57,000
    0.0%
    3 Bed
    		$125,0007.8%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    1.6%
    1 Bedroom
    8.6%
    2 Bedrooms
    26.3%
    3 Bedrooms
    36.0%
    4 Bedrooms
    14.4%
    5+ Bedrooms
    13.0%

    Rental Trends — What Cheer, IA

    What Cheer, 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
    Loading chart...

    % of Rental Stock

    1 Bedroom
    7.7%
    2 Bedrooms
    71.4%
    3 Bedrooms
    7.7%
    4 Bedrooms
    11.0%
    5+ Bedrooms
    2.2%

    Property Listings — What Cheer, IA

    As of May '26, Realtor.com reports that the median days on market for a home in What Cheer, IA is 40. This is a increase of 68.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$144,00048.0%
    Listing Count
    		4120.0%
    Listings as % of HomesN/A120.0%
    Days on Market
    		4068.0%
    Loading chart...

    Demographics — What Cheer, IA

    As of the latest ACS Survey released in 2023, What Cheer, IA has a population of 997, which has decreased by -5.4% over the past 5 years. What Cheer, IA is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 8.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		997-5.4%
    % Under 18
    		26.4%2.3%
    % Seniors
    		18.0%-2.2%
    % WFH
    		11.3%189.7%
    % w/ College Degree
    		8.7%-9.4%
    Loading chart...

    As of the latest ACS Survey released in 2023, What Cheer, IA is a predominantly white area, with 95.2% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in What Cheer, IA is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.1% of the population in What Cheer, IA, and this percentage has decreased by 54.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		95.2%1.6%
    % Black
    		0.5%-78.3%
    % Hispanic
    		2.3%-37.8%
    % Asian
    		0.0%N/A
    % Foreign Born
    		1.1%-54.2%
    Loading chart...

    Mortgage and Risk — What Cheer, IA

    According to HUD data as of 2023, there were 18 mortgage originations in What Cheer, IA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in What Cheer, IA. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		18
    % Conventional Loans
    		83.0%
    % Government Loans
    		17.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		6.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — What Cheer, IA

    What Cheer, IA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		19
    Total Units Section 8
    		7
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$750
    2 BedroomN/AN/A$890
    3 BedroomN/AN/A$1,130
    4 BedroomN/AN/A$1,180

    Affordability — What Cheer, IA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.9
    Median Home Price$115,000
    Median Household Income$56,800

    What Cheer, IA — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Rose Hill, IA

    52586

    Barnes City, IA

    50027

    Fremont, IA

    52561

    Martinsburg, IA

    52563

    Cedar, IA

    52543

    Frequently Asked Questions