Bondurant, IA50035

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$332,000
1.3% YoY Growth
Household Income
$127,000
45.4% YoY Growth
Days on Market
64
22.0% Longer YoY
Home Price Forecast
0.6%
Median Rent
$1,210
20.9% YoY Growth
1-Bed Rent
$825
N/A
2-Bed Rent
$725
22.2% YoY Growth
3-Bed Rent
$1,500
20.7% YoY Growth

Property Listings — Bondurant, IA

As of Nov '25, Realtor.com reports that the median days on market for a home in Bondurant, IA is 64. This is a increase of 22.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$379,0004.0%
Listing Count
86-5.0%
Listings as % of Homes2.9%-5.0%
Days on Market
6422.0%
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Demographics — Bondurant, IA

As of the latest ACS Survey released in 2023, Bondurant, IA has a population of 9,670, which has increased by 26.2% over the past 5 years. Bondurant, IA is a popular place for families, as children make up 31.0% of the population. The area has a highly educated workforce, with 52.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
9,67026.2%
% Under 18
31.0%-12.7%
% Seniors
8.2%24.2%
% WFH
9.0%21.6%
% w/ College Degree
52.4%33.7%
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As of the latest ACS Survey released in 2023, Bondurant, IA is a predominantly white area, with 89.9% 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 Bondurant, IA is black, making up 5.2% of the population. Foreign-born residents account for 4.0% of the population in Bondurant, IA, and this percentage has increased by 81.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
89.9%-4.9%
% Black
5.2%∞%
% Hispanic
3.4%-12.8%
% Asian
0.9%80.0%
% Foreign Born
4.0%81.8%
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Mortgage and Risk — Bondurant, IA

According to HUD data as of 2023, there were 514 mortgage originations in Bondurant, IA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Bondurant, IA. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
514
% Conventional Loans
83.0%
% Government Loans
17.0%
% Investor Loans
4.0%
% Second Loans
1.0%
% Cash Out Refinance
5.0%
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Rentals and Section 8 — Bondurant, IA

As of 2024, the percent of homes in Bondurant, IA under the Section 8 program is 2.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Bondurant, IA, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
15
Total Units Section 8
15
% Rentals under Section 8
2.1%
% Occupied Section 8
80.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$235$825$1,060
2 Bedroom$545$725$1,270
3 Bedroom$200$1,500$1,700
4 Bedroom-$590$2,300$1,710

Affordability — Bondurant, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$332,000
Median Household Income$127,000

Bondurant, IA — ZIP Code Boundary Map

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Frequently Asked Questions