Old Balltown, IA—52073
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Old Balltown, IA
As of Oct '25, the median home price in Old Balltown, IA is $367,000, with a year-over-year change of 7.0%. This indicates that home prices in Old Balltown, IA are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $367,000 | 7.0% |
| Single Family | $367,000 | 7.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $365,000 | 7.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Old Balltown, IA
Old Balltown, 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 — Old Balltown, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Old Balltown, IA is 63. This is a decrease of -72.0% 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 200.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | -26.0% |
Listing Count | 1 | 67.0% |
| Listings as % of Homes | N/A | 67.0% |
Days on Market | 63 | -72.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,410 | 4.8% |
% Under 18 | 23.5% | -1.7% |
% Seniors | 17.2% | 13.2% |
% WFH | 19.2% | 113.3% |
% w/ College Degree | 22.8% | -12.6% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,350 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Old Balltown, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $367,000 |
| Median Household Income | $81,900 |