Klemme, IA50449

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$106,000
6.0% YoY Growth
Median Household Income
$66,500
13.6% 5-Year Growth
Days on Market
49
262.0% Longer than last year
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

Property Listings — Klemme, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Klemme, IA is 49. This is a increase of 262.0% 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
$135,0004.0%
Listing Count
410.0%
Listings as % of HomesN/A10.0%
Days on Market
49262.0%
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Demographics — Klemme, IA

As of the latest ACS Survey released in 2023, Klemme, IA has a population of 816, which has increased by 7.5% over the past 5 years. Klemme, IA is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 5.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
8167.5%
% Under 18
26.5%14.2%
% Seniors
10.2%-31.1%
% WFH
14.5%2,800.0%
% w/ College Degree
5.7%-29.6%
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As of the latest ACS Survey released in 2023, Klemme, IA is a predominantly white area, with 96.8% of the population identifying as white. The white population has grown by 4.8% in the last 5 years. The second most common race or ethnicity in Klemme, IA is hispanic, making up 2.8% of the population. Foreign-born residents account for 1.5% of the population in Klemme, IA, and this percentage has increased by 15.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
96.8%4.8%
% Black
0.0%-100.0%
% Hispanic
2.8%-48.1%
% Asian
0.0%N/A
% Foreign Born
1.5%15.4%
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Mortgage and Risk — Klemme, IA

According to HUD data as of 2023, there were 24 mortgage originations in Klemme, IA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Klemme, IA. Investor activity is low, as 8.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
24
% Conventional Loans
79.0%
% Government Loans
21.0%
% Investor Loans
8.0%
% Second Loans
4.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Klemme, IA

Klemme, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$720
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,180
4 BedroomN/AN/A$1,470

Affordability — Klemme, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.4
Median Home Price$106,000
Median Household Income$66,500

Klemme, IA — ZIP Code Boundary Map

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Frequently Asked Questions