Newell, IA—50568
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newell, IA
As of Oct '25, the median home price in Newell, IA is $171,000, with a year-over-year change of 0.1%. This indicates that home prices in Newell, IA are flat. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $171,000 | 0.1% |
| Single Family | $170,000 | -0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $121,000 | -1.6% |
3 Bed | $168,000 | 0.6% |
4 Bed | $211,000 | -0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Newell, IA
Newell, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $775 | $775 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $775 | $775 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Newell, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newell, IA is 42. This is a decrease of -10.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $137,000 | -30.0% |
Listing Count | 5 | 75.0% |
| Listings as % of Homes | 0.3% | 75.0% |
Days on Market | 42 | -10.0% |
Demographics — Newell, IA
As of the latest ACS Survey released in 2023, Newell, IA has a population of 1,360, which has decreased by -19.1% over the past 5 years. Newell, IA is a popular place for families, as children make up 29.9% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,360 | -19.1% |
% Under 18 | 29.9% | 15.4% |
% Seniors | 16.9% | 2.4% |
% WFH | 7.3% | -8.8% |
% w/ College Degree | 15.6% | -10.3% |
As of the latest ACS Survey released in 2023, Newell, IA is a predominantly white area, with 89.5% of the population identifying as white. The white population has grown by 3.5% in the last 5 years. The second most common race or ethnicity in Newell, IA is hispanic, making up 4.1% of the population. Foreign-born residents account for 2.5% of the population in Newell, IA, and this percentage has decreased by 56.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.5% | 3.5% |
% Black | 1.9% | ∞% |
% Hispanic | 4.1% | -68.0% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 2.5% | -56.9% |
Mortgage and Risk — Newell, IA
According to HUD data as of 2023, there were 22 mortgage originations in Newell, IA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Newell, IA. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 22 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Newell, IA
Newell, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% 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 | $105 | $775 | $880 |
| 3 Bedroom | N/A | N/A | $1,100 |
| 4 Bedroom | N/A | N/A | $1,160 |
Affordability — Newell, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $171,000 |
| Median Household Income | $74,900 |