Royal, IA—51357
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Royal, IA
As of Oct '25, the median home price in Royal, IA is $121,000, with a year-over-year change of 2.3%. This indicates that home prices in Royal, IA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $121,000 | 2.3% |
| Single Family | $121,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $125,000 | 4.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Royal, IA
Royal, 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 — Royal, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Royal, IA is 58. This is a decrease of -36.0% from last year, suggesting that homes are sitting on the market shorter 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 | $79,000 | -29.0% |
Listing Count | 3 | 12.0% |
| Listings as % of Homes | N/A | 12.0% |
Days on Market | 58 | -36.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 841 | 54.9% |
% Under 18 | 24.1% | 0.8% |
% Seniors | 14.3% | 6.7% |
% WFH | 6.1% | -28.2% |
% w/ College Degree | 21.2% | 86.0% |
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
| Metric | Latest Census | 5-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% |
Mortgage and Risk — Royal, IA
Royal, 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 — 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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $920 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,220 |
Affordability — Royal, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $121,000 |
| Median Household Income | $72,300 |