Sheffield, IA—50475
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sheffield, IA
Sheffield, IA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $172,000 | 5.6% |
| Single Family | $172,000 | 5.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $125,000 | 0.0% |
3 Bed | $175,000 | 4.8% |
4 Bed | $234,000 | 7.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sheffield, IA
Sheffield, 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 — Sheffield, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sheffield, IA is 60. This is a decrease of -24.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $254,000 | 70.0% |
Listing Count | 10 | 189.0% |
| Listings as % of Homes | 0.2% | 189.0% |
Days on Market | 60 | -24.0% |
Demographics — Sheffield, IA
As of the latest ACS Survey released in 2023, Sheffield, IA has a population of 1,600, which has increased by 7.5% over the past 5 years. Sheffield, IA is a popular place for families, as children make up 25.8% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,600 | 7.5% |
% Under 18 | 25.8% | 46.6% |
% Seniors | 17.9% | -38.5% |
% WFH | 9.6% | 104.3% |
% w/ College Degree | 16.9% | 11.9% |
As of the latest ACS Survey released in 2023, Sheffield, IA is a predominantly white area, with 94.8% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Sheffield, IA is hispanic, making up 1.3% of the population. Foreign-born residents account for 1.9% of the population in Sheffield, IA, and this percentage has increased by 375.0% 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 | 94.8% | -2.7% |
% Black | 0.0% | N/A |
% Hispanic | 1.3% | 160.0% |
% Asian | 0.3% | ∞% |
% Foreign Born | 1.9% | 375.0% |
Mortgage and Risk — Sheffield, IA
According to HUD data as of 2023, there were 24 mortgage originations in Sheffield, IA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Sheffield, IA. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 24 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Sheffield, IA
Sheffield, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 6 |
% 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 | $670 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Sheffield, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $172,000 |
| Median Household Income | $78,300 |