Somers, IA—50586
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Somers, IA
Somers, IA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $179,000 | 2.8% |
| Single Family | $179,000 | 2.3% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Somers, IA
Somers, 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 — Somers, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Somers, IA is 9. This is a decrease of -95.0% 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 | $224,000 | -52.0% |
Listing Count | 2 | 100.0% |
| Listings as % of Homes | N/A | 100.0% |
Days on Market | 9 | -95.0% |
Demographics — Somers, IA
As of the latest ACS Survey released in 2023, Somers, IA has a population of 320, which has increased by 11.5% over the past 5 years. Somers, IA is a popular place for families, as children make up 29.7% of the population. The area has a poorly educated workforce, with 10.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 320 | 11.5% |
% Under 18 | 29.7% | 5.3% |
% Seniors | 24.1% | 73.4% |
% WFH | 6.7% | -2.9% |
% w/ College Degree | 10.7% | -15.1% |
As of the latest ACS Survey released in 2023, Somers, IA is a predominantly white area, with 90.6% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Somers, IA is hispanic, making up 0.9% of the population. Foreign-born residents account for 0.6% of the population in Somers, IA, and this percentage has decreased by 40.0% 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 | 90.6% | 1.9% |
% Black | 0.0% | N/A |
% Hispanic | 0.9% | -78.6% |
% Asian | 0.3% | 0.0% |
% Foreign Born | 0.6% | -40.0% |
Mortgage and Risk — Somers, IA
Somers, IA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Somers, IA
Somers, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $690 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,110 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Somers, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $179,000 |
| Median Household Income | $54,200 |