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Royal, IA—51357

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$131,000
9.5% YoY Growth
Household Income
$72,300
33.8% YoY Growth
Days on Market
N/A
N/A
Home Price Forecast
0.8%
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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Royal, IA

As of May '26, the median home price in Royal, IA is $131,000, with a year-over-year change of 9.5%. This indicates that home prices in Royal, IA are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$131,0009.5%
Single Family $131,00010.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$135,00012.5%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    5.9%
    2 Bedrooms
    16.2%
    3 Bedrooms
    40.8%
    4 Bedrooms
    22.4%
    5+ Bedrooms
    14.6%

    Rental Trends — Royal, IA

    Royal, IA lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    12.8%
    2 Bedrooms
    19.8%
    3 Bedrooms
    39.5%
    4 Bedrooms
    19.8%
    5+ Bedrooms
    8.1%

    Property Listings — Royal, IA

    Royal, IA lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		N/AN/A
    Listing Count
    		N/AN/A
    Listings as % of HomesN/AN/A
    Days on Market
    		N/AN/A
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    Demographics — Royal, IA

    As of the latest ACS Survey released in 2023, Royal, IA has a population of 841, which has increased by 54.9% over the past 5 years. Royal, IA is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		84154.9%
    % Under 18
    		24.1%0.8%
    % Seniors
    		14.3%6.7%
    % WFH
    		6.1%-28.2%
    % w/ College Degree
    		21.2%86.0%
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    As of the latest ACS Survey released in 2023, Royal, IA is a predominantly white area, with 88.3% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Royal, IA is hispanic, making up 8.4% of the population. Foreign-born residents account for 0.1% of the population in Royal, IA, and this percentage has decreased by 93.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		88.3%-8.5%
    % Black
    		1.0%150.0%
    % Hispanic
    		8.4%∞%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.1%-93.3%
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    Mortgage and Risk — Royal, IA

    Royal, IA lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
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    Rentals and Section 8 — Royal, IA

    Royal, 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
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$730
    2 BedroomN/AN/A$920
    3 BedroomN/AN/A$1,220
    4 BedroomN/AN/A$1,220

    Affordability — Royal, IA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.5
    Median Home Price$131,000
    Median Household Income$72,300

    Royal, IA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Peterson, IA

    51047

    Everly, IA

    51338

    Linn Grove, IA

    51033

    Spencer, IA

    51301

    Greenville, IA

    51343

    Frequently Asked Questions