Woodward, IA—50276
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woodward, IA
As of Oct '25, the median home price in Woodward, IA is $277,000, with a year-over-year change of 3.7%. This indicates that home prices in Woodward, IA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $277,000 | 3.7% |
| Single Family | $277,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $207,000 | 4.5% |
3 Bed | $283,000 | 4.0% |
4 Bed | $347,000 | 6.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Woodward, IA
Woodward, 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 — Woodward, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Woodward, IA is 65. This is a increase of 42.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $295,000 | 23.0% |
Listing Count | 13 | 64.0% |
| Listings as % of Homes | 0.7% | 64.0% |
Days on Market | 65 | 42.0% |
Demographics — Woodward, IA
As of the latest ACS Survey released in 2023, Woodward, IA has a population of 2,380, which has decreased by -13.2% over the past 5 years. Woodward, IA is a popular place for families, as children make up 28.5% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,380 | -13.2% |
% Under 18 | 28.5% | 2.2% |
% Seniors | 17.3% | 46.6% |
% WFH | 10.4% | 271.4% |
% w/ College Degree | 17.4% | -27.5% |
As of the latest ACS Survey released in 2023, Woodward, IA is a predominantly white area, with 85.8% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Woodward, IA is hispanic, making up 2.1% of the population. Foreign-born residents account for 0.5% of the population in Woodward, IA, and this percentage has increased by 25.0% 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 | 85.8% | -3.6% |
% Black | 0.8% | -55.6% |
% Hispanic | 2.1% | 110.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.5% | 25.0% |
Mortgage and Risk — Woodward, IA
According to HUD data as of 2023, there were 30 mortgage originations in Woodward, IA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Woodward, IA. Investor activity is low, as 7.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 7.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Woodward, IA
Woodward, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,030 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Woodward, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $277,000 |
| Median Household Income | $92,700 |