Readlyn, IA—50668
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Readlyn, IA
As of Oct '25, the median home price in Readlyn, IA is $217,000, with a year-over-year change of 6.6%. This indicates that home prices in Readlyn, IA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $217,000 | 6.6% |
| Single Family | $221,000 | 6.8% |
| 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 | $207,000 | 6.7% |
4 Bed | $242,000 | 6.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Readlyn, IA
Readlyn, 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 — Readlyn, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Readlyn, IA is 59. This is a increase of 106.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $197,000 | 9.0% |
Listing Count | 5 | -21.0% |
| Listings as % of Homes | 0.6% | -21.0% |
Days on Market | 59 | 106.0% |
Demographics — Readlyn, IA
As of the latest ACS Survey released in 2023, Readlyn, IA has a population of 1,230, which has increased by 4.9% over the past 5 years. Readlyn, IA is a popular place for families, as children make up 29.0% of the population. The area has a poorly educated workforce, with 19.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,230 | 4.9% |
% Under 18 | 29.0% | 12.0% |
% Seniors | 19.1% | 0.0% |
% WFH | 11.8% | 29.7% |
% w/ College Degree | 19.2% | -21.3% |
As of the latest ACS Survey released in 2023, Readlyn, IA is a predominantly white area, with 94.7% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Readlyn, IA is hispanic, making up 2.4% of the population. Foreign-born residents account for 0.3% of the population in Readlyn, IA, and this percentage has decreased by 66.7% 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 | 94.7% | -2.5% |
% Black | 0.0% | N/A |
% Hispanic | 2.4% | -7.7% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 0.3% | -66.7% |
Mortgage and Risk — Readlyn, IA
According to HUD data as of 2023, there were 52 mortgage originations in Readlyn, IA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Readlyn, IA. Investor activity is low, as 10.0% 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 | 52 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Readlyn, IA
Readlyn, 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 | N/A | N/A | $670 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Readlyn, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $217,000 |
| Median Household Income | $84,500 |