Eldon, IA—52554
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eldon, IA
As of Oct '25, the median home price in Eldon, IA is $106,000, with a year-over-year change of -3.9%. This indicates that home prices in Eldon, IA are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $106,000 | -3.9% |
| Single Family | $106,000 | -5.4% |
| 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 | $129,000 | -0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Eldon, IA
Eldon, 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 — Eldon, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Eldon, IA is 70. This is a decrease of -34.0% 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 | $207,000 | -6.0% |
Listing Count | 3 | 25.0% |
| Listings as % of Homes | 0.7% | 25.0% |
Days on Market | 70 | -34.0% |
Demographics — Eldon, IA
As of the latest ACS Survey released in 2023, Eldon, IA has a population of 1,220, which has decreased by -9.3% over the past 5 years. Eldon, IA is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 9.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,220 | -9.3% |
% Under 18 | 22.0% | 12.2% |
% Seniors | 26.0% | 38.3% |
% WFH | 5.9% | 73.5% |
% w/ College Degree | 9.4% | -17.5% |
As of the latest ACS Survey released in 2023, Eldon, IA is a predominantly white area, with 91.1% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Eldon, IA is hispanic, making up 3.1% of the population. Foreign-born residents account for 0.9% of the population in Eldon, IA, and this percentage has decreased by 35.7% 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 | 91.1% | -4.9% |
% Black | 0.0% | N/A |
% Hispanic | 3.1% | 3.3% |
% Asian | 0.9% | 800.0% |
% Foreign Born | 0.9% | -35.7% |
Mortgage and Risk — Eldon, IA
According to HUD data as of 2023, there were 53 mortgage originations in Eldon, IA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Eldon, IA. Investor activity is low, as 4.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 53 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 25.0% |
Loan Activity
Rentals and Section 8 — Eldon, IA
Eldon, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
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 | $700 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,100 |
| 4 Bedroom | N/A | N/A | $1,360 |
Affordability — Eldon, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $106,000 |
| Median Household Income | $56,500 |