Fort Dodge, IA—50501
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Dodge, IA
Fort Dodge, IA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $127,000 | 1.9% |
| Single Family | $130,000 | 2.4% |
| Condos | $68,000 | 1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $52,000 | 0.0% |
2 Bed | $87,000 | 0.0% |
3 Bed | $143,000 | 3.6% |
4 Bed | $198,000 | 6.5% |
| 5 Bed | $282,000 | 4.8% |
% of Housing Stock
Rental Trends — Fort Dodge, IA
As of July '25, Rentcast reports the average rent in Fort Dodge, IA is $775, with a year-over-year rent change of 11.0%. Per bedroom, the median rent as of July '25 in Fort Dodge, IA is studios: $425, 1-bedrooms: $648, 2-bedrooms: $814, 3-bedrooms: $879, 4-bedrooms: $1,150. The most common rental property sizes in Fort Dodge, IA are 2-bedroom and 1-bedroom, accounting for 52.9% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $725 | $775 |
| Studio Rent | $425 | $425 |
| 1 Bed Rent | $650 | $648 |
| 2 Bed Rent | $750 | $814 |
| 3 Bed Rent | $875 | $879 |
| 4 Bed Rent | $1,100 | $1,150 |
% of Rental Stock
Property Listings — Fort Dodge, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Dodge, IA is 49. This is a decrease of -11.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $164,000 | -1.0% |
Listing Count | 107 | -7.0% |
| Listings as % of Homes | 0.6% | -7.0% |
Days on Market | 49 | -11.0% |
Demographics — Fort Dodge, IA
As of the latest ACS Survey released in 2023, Fort Dodge, IA has a population of 28,600, which has increased by 2.0% over the past 5 years. Fort Dodge, IA is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,600 | 2.0% |
% Under 18 | 20.7% | -0.5% |
% Seniors | 19.7% | 13.2% |
% WFH | 3.4% | 3.0% |
% w/ College Degree | 20.5% | 0.0% |
As of the latest ACS Survey released in 2023, Fort Dodge, IA is a predominantly white area, with 82.1% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Fort Dodge, IA is hispanic, making up 7.2% of the population. Foreign-born residents account for 4.0% of the population in Fort Dodge, IA, and this percentage has increased by 21.2% 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 | 82.1% | -4.0% |
% Black | 3.9% | -33.9% |
% Hispanic | 7.2% | 35.8% |
% Asian | 1.4% | -17.6% |
% Foreign Born | 4.0% | 21.2% |
Mortgage and Risk — Fort Dodge, IA
According to HUD data as of 2023, there were 421 mortgage originations in Fort Dodge, IA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Fort Dodge, IA. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 421 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Fort Dodge, IA
Fort Dodge, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,043 |
Total Units Section 8 | 908 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 83.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $650 | $670 |
| 2 Bedroom | $130 | $750 | $880 |
| 3 Bedroom | $285 | $875 | $1,160 |
| 4 Bedroom | $380 | $1,100 | $1,480 |
Affordability — Fort Dodge, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $127,000 |
| Median Household Income | $66,100 |