What Cheer, IA 50268 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

What Cheer, IA—50268

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$100,000

8.5% YoY Growth

Household Income

$56,800

36.7% YoY Growth

Days on Market

47

10.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — What Cheer, IA

What Cheer, IA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$100,000	-8.5%
Single Family	$100,000	-7.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — What Cheer, IA

What Cheer, 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

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% of Rental Stock

1 Bedroom

7.7%

2 Bedrooms

71.4%

3 Bedrooms

7.7%

4 Bedrooms

11.0%

5+ Bedrooms

2.2%

Property Listings — What Cheer, IA

As of Dec '25, Realtor.com reports that the median days on market for a home in What Cheer, IA is 15. This is a increase of 81.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$372,000	74.0%
Listing Count	2	-69.0%
Listings as % of Homes	N/A	-69.0%
Days on Market	47	-10.0%

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Demographics — What Cheer, IA

As of the latest ACS Survey released in 2023, What Cheer, IA has a population of 997, which has decreased by -5.4% over the past 5 years. What Cheer, IA is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 8.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	997	-5.4%
% Under 18	26.4%	2.3%
% Seniors	18.0%	-2.2%
% WFH	11.3%	189.7%
% w/ College Degree	8.7%	-9.4%

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As of the latest ACS Survey released in 2023, What Cheer, IA is a predominantly white area, with 95.2% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in What Cheer, IA is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.1% of the population in What Cheer, IA, and this percentage has decreased by 54.2% 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	95.2%	1.6%
% Black	0.5%	-78.3%
% Hispanic	2.3%	-37.8%
% Asian	0.0%	N/A
% Foreign Born	1.1%	-54.2%

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Mortgage and Risk — What Cheer, IA

According to HUD data as of 2023, there were 18 mortgage originations in What Cheer, IA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in What Cheer, IA. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	18
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — What Cheer, IA

What Cheer, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	19
Total Units Section 8	7
% 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	$750
2 Bedroom	N/A	N/A	$890
3 Bedroom	N/A	N/A	$1,130
4 Bedroom	N/A	N/A	$1,180

What Cheer, IA—50268

Key Metrics at a Glance

Home Price Trends — What Cheer, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — What Cheer, IA

% of Rental Stock

Property Listings — What Cheer, IA

Demographics — What Cheer, IA

Race and Ethnicity

Mortgage and Risk — What Cheer, IA

Mortgages

Rentals and Section 8 — What Cheer, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — What Cheer, IA

Home Price to Income Ratio

What Cheer, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Rose Hill, IA

Barnes City, IA

Fremont, IA

Martinsburg, IA

Cedar, IA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.8
Median Home Price	$100,000
Median Household Income	$56,800

What Cheer, IA—50268

Key Metrics at a Glance

Home Price Trends — What Cheer, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — What Cheer, IA

% of Rental Stock

Property Listings — What Cheer, IA

Demographics — What Cheer, IA

Race and Ethnicity

Mortgage and Risk — What Cheer, IA

Mortgages

Rentals and Section 8 — What Cheer, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — What Cheer, IA

Home Price to Income Ratio

What Cheer, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Rose Hill, IA

Barnes City, IA

Fremont, IA

Martinsburg, IA

Cedar, IA

Frequently Asked Questions

What is the average home price in What Cheer, IA 50268?

How have home prices in What Cheer, IA 50268 changed over the past year?

What is the home price projection for What Cheer, IA 50268?

What are the demographics of What Cheer, IA 50268?

How long does it take homes to sell in What Cheer, IA 50268?

What is the average rent price in What Cheer, IA 50268?