Wellsburg, IA—50680
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wellsburg, IA
As of Oct '25, the median home price in Wellsburg, IA is $159,000, with a year-over-year change of 5.4%. This indicates that home prices in Wellsburg, IA are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $159,000 | 5.4% |
| Single Family | $159,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $116,000 | 1.8% |
3 Bed | $155,000 | 4.0% |
4 Bed | $209,000 | 8.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wellsburg, IA
Wellsburg, 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 — Wellsburg, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Wellsburg, IA is 154. 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $130,000 | -31.0% |
Listing Count | 7 | 150.0% |
| Listings as % of Homes | 0.4% | 150.0% |
Days on Market | 154 | 10.0% |
Demographics — Wellsburg, IA
As of the latest ACS Survey released in 2023, Wellsburg, IA has a population of 1,080, which has decreased by -9.1% over the past 5 years. Wellsburg, IA is a moderately popular place for families, as children make up 19.7% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,080 | -9.1% |
% Under 18 | 19.7% | 0.5% |
% Seniors | 26.5% | 26.2% |
% WFH | 13.9% | 308.8% |
% w/ College Degree | 13.3% | -39.5% |
As of the latest ACS Survey released in 2023, Wellsburg, IA is a predominantly white area, with 98.1% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Wellsburg, IA is hispanic, making up 0.9% of the population. Foreign-born residents account for 0.6% of the population in Wellsburg, IA, and this percentage has increased by Inf% 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 | 98.1% | 0.2% |
% Black | 0.5% | 66.7% |
% Hispanic | 0.9% | 200.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.6% | ∞% |
Mortgage and Risk — Wellsburg, IA
According to HUD data as of 2023, there were 70 mortgage originations in Wellsburg, IA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Wellsburg, 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 | 70 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Wellsburg, IA
Wellsburg, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 5.9% |
% 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 | $1,470 |
Affordability — Wellsburg, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $159,000 |
| Median Household Income | $72,700 |