Shell Rock, IA50670

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$223,000
4.6% YoY Growth
Median Household Income
$83,300
36.1% 5-Year Growth
Days on Market
46
17.0% Longer than last year
Home Price Forecast
N/A
Median 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

Property Listings — Shell Rock, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Shell Rock, IA is 46. This is a increase of 17.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$340,00025.0%
Listing Count
5100.0%
Listings as % of Homes0.5%100.0%
Days on Market
4617.0%
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Demographics — Shell Rock, IA

As of the latest ACS Survey released in 2023, Shell Rock, IA has a population of 2,380, which has increased by 8.2% over the past 5 years. Shell Rock, IA is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 22.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,3808.2%
% Under 18
25.3%8.1%
% Seniors
19.7%0.0%
% WFH
4.8%433.3%
% w/ College Degree
22.0%13.4%
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As of the latest ACS Survey released in 2023, Shell Rock, IA is a predominantly white area, with 96.3% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Shell Rock, IA is hispanic, making up 2.8% of the population. Foreign-born residents account for 2.3% of the population in Shell Rock, IA, and this percentage has increased by 109.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
96.3%0.1%
% Black
0.4%-33.3%
% Hispanic
2.8%64.7%
% Asian
0.0%-100.0%
% Foreign Born
2.3%109.1%
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Mortgage and Risk — Shell Rock, IA

According to HUD data as of 2023, there were 79 mortgage originations in Shell Rock, IA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Shell Rock, IA. Investor activity is low, as 8.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
79
% Conventional Loans
92.0%
% Government Loans
8.0%
% Investor Loans
8.0%
% Second Loans
0.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Shell Rock, IA

Shell Rock, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
4
Total Units Section 8
4
% Rentals under Section 8
4.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$730
2 BedroomN/AN/A$960
3 BedroomN/AN/A$1,190
4 BedroomN/AN/A$1,420

Affordability — Shell Rock, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$223,000
Median Household Income$83,300

Shell Rock, IA — ZIP Code Boundary Map

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Frequently Asked Questions