Peterson, IA—51047
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Peterson, IA
As of Oct '25, the median home price in Peterson, IA is $158,000, with a year-over-year change of 8.6%. This indicates that home prices in Peterson, IA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $158,000 | 8.6% |
| Single Family | $158,000 | 10.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $117,000 | 13.6% |
3 Bed | $143,000 | 10.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Peterson, IA
Peterson, 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 — Peterson, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Peterson, IA is 70. This is a increase of 108.0% 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 | $84,200 | -78.0% |
Listing Count | 1 | -67.0% |
| Listings as % of Homes | N/A | -67.0% |
Days on Market | 70 | 108.0% |
Demographics — Peterson, IA
As of the latest ACS Survey released in 2023, Peterson, IA has a population of 739, which has increased by 6.0% over the past 5 years. Peterson, IA is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 25.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 739 | 6.0% |
% Under 18 | 21.7% | 10.2% |
% Seniors | 20.7% | -10.0% |
% WFH | 20.8% | 144.7% |
% w/ College Degree | 25.3% | 10.5% |
As of the latest ACS Survey released in 2023, Peterson, IA is a predominantly white area, with 94.2% 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 Peterson, IA is hispanic, making up 2.3% of the population. Foreign-born residents account for 2.2% of the population in Peterson, IA, and this percentage has increased by 633.3% 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 | 94.2% | -3.9% |
% Black | 0.5% | ∞% |
% Hispanic | 2.3% | 283.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.2% | 633.3% |
Mortgage and Risk — Peterson, IA
Peterson, IA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Peterson, IA
Peterson, 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 | 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 | $730 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Peterson, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $158,000 |
| Median Household Income | $93,100 |