Kalona, IA—52247
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kalona, IA
As of Nov '25, the median home price in Kalona, IA is $305,000, with a year-over-year change of 3.6%. This indicates that home prices in Kalona, IA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $305,000 | 3.6% |
| Single Family | $307,000 | 3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $203,000 | 4.6% |
3 Bed | $280,000 | 2.9% |
4 Bed | $352,000 | 3.2% |
| 5 Bed | $500,334 | 2.8% |
% of Housing Stock
Rental Trends — Kalona, IA
Kalona, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $700 | $700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $700 | $700 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kalona, IA
As of Nov '25, Realtor.com reports that the median days on market for a home in Kalona, IA is 43. This is a decrease of -13.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $324,000 | 0.0% |
Listing Count | 12 | 19.0% |
| Listings as % of Homes | 0.6% | 19.0% |
Days on Market | 43 | -13.0% |
Demographics — Kalona, IA
As of the latest ACS Survey released in 2023, Kalona, IA has a population of 5,300, which has decreased by -4.4% over the past 5 years. Kalona, IA is a popular place for families, as children make up 25.5% of the population. The area has a moderately educated workforce, with 33.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,300 | -4.4% |
% Under 18 | 25.5% | -4.1% |
% Seniors | 19.8% | 10.0% |
% WFH | 14.9% | 112.9% |
% w/ College Degree | 33.2% | 97.6% |
As of the latest ACS Survey released in 2023, Kalona, IA is a predominantly white area, with 91.9% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Kalona, IA is hispanic, making up 3.2% of the population. Foreign-born residents account for 2.9% of the population in Kalona, IA, and this percentage has increased by 81.2% 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 | 91.9% | -4.3% |
% Black | 1.1% | ∞% |
% Hispanic | 3.2% | 0.0% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 2.9% | 81.2% |
Mortgage and Risk — Kalona, IA
According to HUD data as of 2023, there were 167 mortgage originations in Kalona, IA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Kalona, IA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 167 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 9.0% |
Rentals and Section 8 — Kalona, IA
Kalona, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | $280 | $700 | $980 |
| 3 Bedroom | N/A | N/A | $1,380 |
| 4 Bedroom | N/A | N/A | $1,660 |
Affordability — Kalona, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $305,000 |
| Median Household Income | $82,100 |