Urbandale, IA50322

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$288,000
2.5% YoY Growth
Median Household Income
$89,300
29.7% 5-Year Growth
Days on Market
62
37.0% Longer than last year
Home Price Forecast
0.3%
Median Rent
$1,100
19.2% YoY Growth
1-Bed Rent
$727
9.3% YoY Growth
2-Bed Rent
$995
4.7% YoY Growth
3-Bed Rent
$1,700
0.6% YoY Growth

Other Zip Codes in Urbandale, IA

Property Listings — Urbandale, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Urbandale, IA is 62. This is a increase of 37.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$266,000-3.0%
Listing Count
18932.0%
Listings as % of Homes0.5%32.0%
Days on Market
6237.0%
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Demographics — Urbandale, IA

As of the latest ACS Survey released in 2023, Urbandale, IA has a population of 31,700, which has increased by 1.7% over the past 5 years. Urbandale, IA is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 42.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
31,7001.7%
% Under 18
22.2%-3.1%
% Seniors
16.2%3.2%
% WFH
13.6%195.7%
% w/ College Degree
42.0%4.2%
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As of the latest ACS Survey released in 2023, Urbandale, IA is a predominantly white area, with 75.3% of the population identifying as white. The white population has shrunk by 10.5% in the last 5 years. The second most common race or ethnicity in Urbandale, IA is hispanic, making up 8.7% of the population. Foreign-born residents account for 11.4% of the population in Urbandale, IA, and this percentage has increased by 23.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
75.3%-10.5%
% Black
8.1%72.3%
% Hispanic
8.7%67.3%
% Asian
4.8%71.4%
% Foreign Born
11.4%23.9%
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Mortgage and Risk — Urbandale, IA

According to HUD data as of 2023, there were 613 mortgage originations in Urbandale, IA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Urbandale, IA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
613
% Conventional Loans
87.0%
% Government Loans
13.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Urbandale, IA

As of 2024, the percent of homes in Urbandale, IA under the Section 8 program is 3.2%. 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 units appear to be good home sizes to consider for Section 8 housing in Urbandale, IA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
116
Total Units Section 8
115
% Rentals under Section 8
3.2%
% Occupied Section 8
80.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$283$727$1,010
2 Bedroom$215$995$1,210
3 Bedroom-$80$1,700$1,620
4 Bedroom-$320$1,950$1,630

Affordability — Urbandale, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.9
Median Home Price$288,000
Median Household Income$89,300

Urbandale, IA — ZIP Code Boundary Map

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Frequently Asked Questions