La Porte City, IA—50651
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Porte City, IA
As of Oct '25, the median home price in La Porte City, IA is $234,000, with a year-over-year change of 5.1%. This indicates that home prices in La Porte City, IA are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $234,000 | 5.1% |
| Single Family | $239,000 | 5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $138,000 | 3.8% |
3 Bed | $227,000 | 5.1% |
4 Bed | $297,000 | 5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — La Porte City, IA
La Porte City, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $695 | $665 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $575 | $575 |
| 2 Bed Rent | $695 | $710 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — La Porte City, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in La Porte City, IA is 61. This is a increase of 10.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $232,000 | -14.0% |
Listing Count | 17 | -2.0% |
| Listings as % of Homes | 0.7% | -2.0% |
Days on Market | 61 | 10.0% |
Demographics — La Porte City, IA
As of the latest ACS Survey released in 2023, La Porte City, IA has a population of 3,350, which has decreased by -9.1% over the past 5 years. La Porte City, IA is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,350 | -9.1% |
% Under 18 | 24.1% | -16.0% |
% Seniors | 17.9% | -3.2% |
% WFH | 8.2% | 192.9% |
% w/ College Degree | 19.0% | -17.0% |
As of the latest ACS Survey released in 2023, La Porte City, IA is a predominantly white area, with 96.4% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in La Porte City, IA is hispanic, making up 1.2% of the population. Foreign-born residents account for 1.4% of the population in La Porte City, IA, and this percentage has increased by 100.0% 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 | 96.4% | 0.6% |
% Black | 0.4% | ∞% |
% Hispanic | 1.2% | 50.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.4% | 100.0% |
Mortgage and Risk — La Porte City, IA
According to HUD data as of 2023, there were 131 mortgage originations in La Porte City, IA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in La Porte City, IA. Investor activity is low, as 6.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 131 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — La Porte City, IA
La Porte City, 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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $115 | $575 | $690 |
| 2 Bedroom | $215 | $695 | $910 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — La Porte City, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $234,000 |
| Median Household Income | $79,600 |