Old Balltown, IA52073

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$373,000
7.4% YoY Growth
Household Income
$81,900
0.8% YoY Growth
Days on Market
94
60.0% Shorter YoY
Home Price Forecast
2.9%
Median 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

Property Listings — Old Balltown, IA

As of Nov '25, Realtor.com reports that the median days on market for a home in Old Balltown, IA is 94. This is a decrease of -60.0% from last year, suggesting that homes are sitting on the market shorter 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$375,000-27.0%
Listing Count
133.0%
Listings as % of HomesN/A33.0%
Days on Market
94-60.0%
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Demographics — Old Balltown, IA

As of the latest ACS Survey released in 2023, Old Balltown, IA has a population of 1,410, which has increased by 4.8% over the past 5 years. Old Balltown, IA is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,4104.8%
% Under 18
23.5%-1.7%
% Seniors
17.2%13.2%
% WFH
19.2%113.3%
% w/ College Degree
22.8%-12.6%
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As of the latest ACS Survey released in 2023, Old Balltown, IA is a predominantly white area, with 98.0% of the population identifying as white. The white population has grown by 9.3% in the last 5 years. The second most common race or ethnicity in Old Balltown, IA is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.0% of the population in Old Balltown, IA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
98.0%9.3%
% Black
0.0%-100.0%
% Hispanic
0.7%-89.2%
% Asian
0.0%-100.0%
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Old Balltown, IA

According to HUD data as of 2023, there were 72 mortgage originations in Old Balltown, IA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Old Balltown, IA. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
72
% Conventional Loans
96.0%
% Government Loans
4.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%
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Rentals and Section 8 — Old Balltown, IA

Old Balltown, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% 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 BedroomN/AN/A$1,020
3 BedroomN/AN/A$1,350
4 BedroomN/AN/A$1,710

Affordability — Old Balltown, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.9
Median Home Price$373,000
Median Household Income$81,900

Old Balltown, IA — ZIP Code Boundary Map

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Frequently Asked Questions