Traer, IA—50675
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Traer, IA
Traer, IA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $173,000 | 7.5% |
| Single Family | $174,000 | 6.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $133,000 | 5.6% |
3 Bed | $187,000 | 6.9% |
4 Bed | $207,000 | 7.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Traer, IA
Traer, 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 — Traer, IA
As of Nov '25, Realtor.com reports that the median days on market for a home in Traer, IA is 101. This is a increase of 48.0% 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 | $149,000 | 4.0% |
Listing Count | 12 | -22.0% |
| Listings as % of Homes | 0.5% | -22.0% |
Days on Market | 101 | 48.0% |
Demographics — Traer, IA
As of the latest ACS Survey released in 2023, Traer, IA has a population of 2,320, which has remained stable by 0.3% over the past 5 years. Traer, IA is a moderately popular place for families, as children make up 19.6% of the population. The area has a poorly educated workforce, with 24.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,320 | 0.3% |
% Under 18 | 19.6% | -7.5% |
% Seniors | 22.6% | -7.0% |
% WFH | 14.6% | 386.7% |
% w/ College Degree | 24.4% | 4.7% |
As of the latest ACS Survey released in 2023, Traer, IA is a predominantly white area, with 86.7% of the population identifying as white. The white population has shrunk by 10.8% in the last 5 years. The second most common race or ethnicity in Traer, IA is hispanic, making up 9.5% of the population. Foreign-born residents account for 4.6% of the population in Traer, IA, and this percentage has increased by 360.0% 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 | 86.7% | -10.8% |
% Black | 0.0% | N/A |
% Hispanic | 9.5% | 458.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 4.6% | 360.0% |
Mortgage and Risk — Traer, IA
According to HUD data as of 2023, there were 72 mortgage originations in Traer, IA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Traer, IA. Investor activity is low, as 6.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 72 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Rentals and Section 8 — Traer, IA
Traer, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Traer, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $173,000 |
| Median Household Income | $79,500 |