Parkersburg, IA50665

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$236,000
4.8% YoY Growth
Median Household Income
$72,400
19.0% 5-Year Growth
Days on Market
55
78.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$750
29.4% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$750
23.1% YoY Growth
3-Bed Rent
$1,000
27.5% YoY Growth

Property Listings — Parkersburg, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Parkersburg, IA is 55. This is a increase of 78.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$239,000-10.0%
Listing Count
2060.0%
Listings as % of Homes0.5%60.0%
Days on Market
5578.0%
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Demographics — Parkersburg, IA

As of the latest ACS Survey released in 2023, Parkersburg, IA has a population of 2,520, which has decreased by -17.5% over the past 5 years. Parkersburg, IA is a moderately popular place for families, as children make up 23.4% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,520-17.5%
% Under 18
23.4%-17.0%
% Seniors
19.4%12.1%
% WFH
11.2%148.9%
% w/ College Degree
26.0%6.6%
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As of the latest ACS Survey released in 2023, Parkersburg, IA is a predominantly white area, with 95.0% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Parkersburg, IA is asian, making up 2.3% of the population. Foreign-born residents account for 0.9% of the population in Parkersburg, IA, and this percentage has decreased by 10.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.0%-3.9%
% Black
0.0%N/A
% Hispanic
1.2%200.0%
% Asian
2.3%475.0%
% Foreign Born
0.9%-10.0%
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Mortgage and Risk — Parkersburg, IA

According to HUD data as of 2023, there were 93 mortgage originations in Parkersburg, IA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Parkersburg, IA. Investor activity is low, as 6.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
93
% Conventional Loans
94.0%
% Government Loans
6.0%
% Investor Loans
6.0%
% Second Loans
0.0%
% Cash Out Refinance
3.0%

Loan Activity

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Rentals and Section 8 — Parkersburg, IA

Parkersburg, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
9
Total Units Section 8
9
% Rentals under Section 8
2.4%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$700
2 Bedroom$160$750$910
3 Bedroom$130$1,000$1,130
4 BedroomN/AN/A$1,450

Affordability — Parkersburg, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3
Median Home Price$236,000
Median Household Income$72,400

Parkersburg, IA — ZIP Code Boundary Map

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Frequently Asked Questions