Eldridge, IA—52748
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eldridge, IA
As of Oct '25, the median home price in Eldridge, IA is $339,000, with a year-over-year change of 3.6%. This indicates that home prices in Eldridge, IA are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $339,000 | 3.6% |
| Single Family | $363,000 | 3.7% |
| Condos | $164,000 | 3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $198,000 | 5.9% |
3 Bed | $316,000 | 3.9% |
4 Bed | $404,000 | 4.4% |
| 5 Bed | $498,000 | 3.1% |
% of Housing Stock
Rental Trends — Eldridge, IA
As of July '25, Rentcast reports the average rent in Eldridge, IA is $1,030, with a year-over-year rent change of 40.1%. Per bedroom, the median rent as of July '25 in Eldridge, IA is 2-bedrooms: $774, 4-bedrooms: $2,550. The most common rental property sizes in Eldridge, IA are 2-bedroom and 1-bedroom, accounting for 43.8% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $1,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $725 | $774 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,550 | $2,550 |
% of Rental Stock
Property Listings — Eldridge, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Eldridge, IA is 70. This is a decrease of -15.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $379,000 | -9.0% |
Listing Count | 66 | 71.0% |
| Listings as % of Homes | 0.8% | 71.0% |
Days on Market | 70 | -15.0% |
Demographics — Eldridge, IA
As of the latest ACS Survey released in 2023, Eldridge, IA has a population of 9,890, which has decreased by -4.9% over the past 5 years. Eldridge, IA is a popular place for families, as children make up 31.2% of the population. The area has a highly educated workforce, with 53.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,890 | -4.9% |
% Under 18 | 31.2% | 4.0% |
% Seniors | 16.6% | 30.7% |
% WFH | 14.3% | 180.4% |
% w/ College Degree | 53.4% | 83.5% |
As of the latest ACS Survey released in 2023, Eldridge, IA is a predominantly white area, with 88.8% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Eldridge, IA is hispanic, making up 5.5% of the population. Foreign-born residents account for 1.5% of the population in Eldridge, IA, and this percentage has increased by 87.5% 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 | 88.8% | 1.1% |
% Black | 1.7% | -32.0% |
% Hispanic | 5.5% | -15.4% |
% Asian | 2.0% | 1,900.0% |
% Foreign Born | 1.5% | 87.5% |
Mortgage and Risk — Eldridge, IA
According to HUD data as of 2023, there were 261 mortgage originations in Eldridge, IA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Eldridge, IA. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 261 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Eldridge, IA
Eldridge, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 135 |
Total Units Section 8 | 135 |
% Rentals under Section 8 | 23.1% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | $315 | $725 | $1,040 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | -$950 | $2,550 | $1,600 |
Affordability — Eldridge, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $339,000 |
| Median Household Income | $104,000 |