Gowrie, IA50543

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$162,000
6.8% YoY Growth
Median Household Income
$87,800
96.1% 5-Year Growth
Days on Market
213
49.0% 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 — Gowrie, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Gowrie, IA is 213. This is a increase of 49.0% 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
$244,000-17.0%
Listing Count
6-39.0%
Listings as % of Homes0.3%-39.0%
Days on Market
21349.0%
Loading chart...

Demographics — Gowrie, IA

As of the latest ACS Survey released in 2023, Gowrie, IA has a population of 1,400, which has increased by 2.7% over the past 5 years. Gowrie, IA is a moderately popular place for families, as children make up 24.7% of the population. The area has a moderately educated workforce, with 29.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,4002.7%
% Under 18
24.7%4.7%
% Seniors
24.1%15.9%
% WFH
4.0%-31.0%
% w/ College Degree
29.9%6.0%
Loading chart...

As of the latest ACS Survey released in 2023, Gowrie, IA is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Gowrie, IA is hispanic, making up 4.7% of the population. Foreign-born residents account for 0.3% of the population in Gowrie, IA, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
88.8%-5.7%
% Black
0.0%-100.0%
% Hispanic
4.7%∞%
% Asian
0.9%∞%
% Foreign Born
0.3%∞%
Loading chart...

Mortgage and Risk — Gowrie, IA

According to HUD data as of 2023, there were 34 mortgage originations in Gowrie, IA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Gowrie, IA. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
34
% Conventional Loans
85.0%
% Government Loans
15.0%
% Investor Loans
6.0%
% Second Loans
0.0%
% Cash Out Refinance
6.0%

Loan Activity

Loading chart...
Loading chart...

Rentals and Section 8 — Gowrie, IA

Gowrie, 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$670
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,160
4 BedroomN/AN/A$1,470

Affordability — Gowrie, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.7
Median Home Price$162,000
Median Household Income$87,800

Gowrie, IA — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions