Albert City, IA—50510
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Albert City, IA
As of Oct '25, the median home price in Albert City, IA is $145,000, with a year-over-year change of -0.9%. This indicates that home prices in Albert City, IA are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $145,000 | -0.9% |
| Single Family | $145,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $136,000 | -2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Albert City, IA
Albert City, 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 — Albert City, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Albert City, IA is 17. This is a decrease of -74.0% 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 100.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $128,000 | -14.0% |
Listing Count | 2 | -56.0% |
| Listings as % of Homes | N/A | -56.0% |
Days on Market | 17 | -74.0% |
Demographics — Albert City, IA
As of the latest ACS Survey released in 2023, Albert City, IA has a population of 1,060, which has increased by 2.0% over the past 5 years. Albert City, IA is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 20.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,060 | 2.0% |
% Under 18 | 19.4% | -8.5% |
% Seniors | 26.9% | 28.1% |
% WFH | 6.0% | -50.4% |
% w/ College Degree | 20.7% | 1.0% |
As of the latest ACS Survey released in 2023, Albert City, IA is a predominantly white area, with 86.4% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Albert City, IA is hispanic, making up 9.5% of the population. Foreign-born residents account for 5.9% of the population in Albert City, IA, and this percentage has increased by 156.5% 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 | 86.4% | -4.1% |
% Black | 0.3% | -92.7% |
% Hispanic | 9.5% | 150.0% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 5.9% | 156.5% |
Mortgage and Risk — Albert City, IA
According to HUD data as of 2023, there were 14 mortgage originations in Albert City, IA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Albert City, IA. Investor activity is low, as 0.0% of loans were by investors. 29.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 14 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 29.0% |
Loan Activity
Rentals and Section 8 — Albert City, IA
Albert City, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% 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 | $1,070 |
| 4 Bedroom | N/A | N/A | $1,160 |
Affordability — Albert City, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $145,000 |
| Median Household Income | $78,500 |