Conrad, IA—50621
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Conrad, IA
As of Oct '25, the median home price in Conrad, IA is $212,000, with a year-over-year change of 5.3%. This indicates that home prices in Conrad, IA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $212,000 | 5.3% |
| Single Family | $215,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $128,000 | -0.8% |
3 Bed | $208,000 | 4.0% |
4 Bed | $264,000 | 6.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Conrad, IA
As of July '25, Rentcast reports the average rent in Conrad, IA is $1,100, with a year-over-year rent change of -18.5%. Per bedroom, the median rent as of July '25 in Conrad, IA is 3-bedrooms: $1,100. The most common rental property sizes in Conrad, IA are 1-bedroom and 3-bedroom, accounting for 54.7% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,100 | $1,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Conrad, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Conrad, IA is 40. This is a decrease of -13.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $311,000 | -1.0% |
Listing Count | 15 | 22.0% |
| Listings as % of Homes | 0.5% | 22.0% |
Days on Market | 40 | -13.0% |
Demographics — Conrad, IA
As of the latest ACS Survey released in 2023, Conrad, IA has a population of 1,590, which has increased by 6.7% over the past 5 years. Conrad, IA is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,590 | 6.7% |
% Under 18 | 19.2% | -3.5% |
% Seniors | 31.3% | 7.2% |
% WFH | 9.3% | -1.1% |
% w/ College Degree | 27.1% | -2.5% |
As of the latest ACS Survey released in 2023, Conrad, IA is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Conrad, IA is hispanic, making up 2.2% of the population. Foreign-born residents account for 2.4% of the population in Conrad, IA, and this percentage has increased by 300.0% 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 | 94.0% | -3.2% |
% Black | 2.0% | ∞% |
% Hispanic | 2.2% | 633.3% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 2.4% | 300.0% |
Mortgage and Risk — Conrad, IA
According to HUD data as of 2023, there were 47 mortgage originations in Conrad, IA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Conrad, IA. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 47 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Conrad, IA
Conrad, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | $90 | $1,100 | $1,190 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Conrad, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $212,000 |
| Median Household Income | $86,100 |