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Alta, IA—51002

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$216,000
1.7% YoY Growth
Household Income
$69,400
20.1% YoY Growth
Days on Market
61
42.0% Longer YoY
Home Price Forecast
0.9%
Median Rent
$800
8.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$800
8.3% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Alta, IA

As of May '26, the median home price in Alta, IA is $216,000, with a year-over-year change of 1.7%. This indicates that home prices in Alta, IA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$216,0001.7%
Single Family $217,0000.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $160,0001.3%
    3 Bed
    $210,0001.0%
    4 Bed
    $273,0001.5%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    4.9%
    1 Bedroom
    4.0%
    2 Bedrooms
    32.7%
    3 Bedrooms
    33.6%
    4 Bedrooms
    17.8%
    5+ Bedrooms
    7.0%

    Rental Trends — Alta, IA

    As of July '25, Rentcast reports the average rent in Alta, IA is $825, with a year-over-year rent change of -8.3%. Per bedroom, the median rent as of July '25 in Alta, IA is 2-bedrooms: $825. The most common rental property sizes in Alta, IA are 2-bedroom and 3-bedroom, accounting for 48.4% and 22.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$800$825
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $800$825
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    1.6%
    1 Bedroom
    9.6%
    2 Bedrooms
    48.4%
    3 Bedrooms
    22.9%
    4 Bedrooms
    15.4%
    5+ Bedrooms
    2.1%

    Property Listings — Alta, IA

    As of May '26, Realtor.com reports that the median days on market for a home in Alta, IA is 61. This is a increase of 42.0% 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 100.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $227,0003.0%
    Listing Count
    4-18.0%
    Listings as % of Homes0.6%-18.0%
    Days on Market
    6142.0%
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    Demographics — Alta, IA

    As of the latest ACS Survey released in 2023, Alta, IA has a population of 2,870, which has remained stable by -0.3% over the past 5 years. Alta, IA is a popular place for families, as children make up 28.1% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    2,870-0.3%
    % Under 18
    28.1%6.8%
    % Seniors
    11.7%-36.8%
    % WFH
    4.2%5.0%
    % w/ College Degree
    24.7%-0.8%
    Loading chart...

    As of the latest ACS Survey released in 2023, Alta, IA is a predominantly white area, with 60.3% of the population identifying as white. The white population has shrunk by 26.6% in the last 5 years. The second most common race or ethnicity in Alta, IA is hispanic, making up 20.6% of the population. Foreign-born residents account for 19.4% of the population in Alta, IA, and this percentage has increased by 203.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    60.3%-26.6%
    % Black
    6.0%275.0%
    % Hispanic
    20.6%48.2%
    % Asian
    10.2%1,357.1%
    % Foreign Born
    19.4%203.1%
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    Mortgage and Risk — Alta, IA

    According to HUD data as of 2023, there were 59 mortgage originations in Alta, IA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Alta, IA. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    59
    % Conventional Loans
    86.0%
    % Government Loans
    14.0%
    % Investor Loans
    2.0%
    % Second Loans
    2.0%
    % Cash Out Refinance
    12.0%
    Loading chart...
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    Rentals and Section 8 — Alta, IA

    Alta, IA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    12
    Total Units Section 8
    12
    % Rentals under Section 8
    N/A
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$780
    2 Bedroom$220$800$1,020
    3 BedroomN/AN/A$1,250
    4 BedroomN/AN/A$1,350

    Affordability — Alta, IA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.9
    Median Home Price$216,000
    Median Household Income$69,400

    Alta, IA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions