Wheatland, IA—52777
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wheatland, IA
As of Oct '25, the median home price in Wheatland, IA is $176,000, with a year-over-year change of 1.2%. This indicates that home prices in Wheatland, IA are increasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $176,000 | 1.2% |
| Single Family | $176,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $146,000 | 2.8% |
3 Bed | $182,000 | 2.2% |
4 Bed | $219,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wheatland, IA
Wheatland, 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 — Wheatland, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Wheatland, IA is 55. This is a increase of 259.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $126,000 | 10.0% |
Listing Count | 9 | 109.0% |
| Listings as % of Homes | 0.3% | 109.0% |
Days on Market | 55 | 259.0% |
Demographics — Wheatland, IA
As of the latest ACS Survey released in 2023, Wheatland, IA has a population of 1,340, which has increased by 7.4% over the past 5 years. Wheatland, IA is a popular place for families, as children make up 31.0% of the population. The area has a poorly educated workforce, with 14.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,340 | 7.4% |
% Under 18 | 31.0% | 1.0% |
% Seniors | 21.6% | 3.8% |
% WFH | 6.8% | -42.9% |
% w/ College Degree | 14.3% | 0.0% |
As of the latest ACS Survey released in 2023, Wheatland, IA is a predominantly white area, with 94.3% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Wheatland, IA is hispanic, making up 3.9% of the population. Foreign-born residents account for 0.4% of the population in Wheatland, IA, and this percentage has decreased by 63.6% 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 | 94.3% | 0.6% |
% Black | 0.9% | ∞% |
% Hispanic | 3.9% | -23.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.4% | -63.6% |
Mortgage and Risk — Wheatland, IA
According to HUD data as of 2023, there were 28 mortgage originations in Wheatland, IA, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Wheatland, IA. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 28 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Wheatland, IA
Wheatland, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
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 | $680 |
| 2 Bedroom | N/A | N/A | $890 |
| 3 Bedroom | N/A | N/A | $1,090 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Wheatland, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $176,000 |
| Median Household Income | $47,200 |