Packwood, IA52580

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$151,000
1.6% YoY Growth
Household Income
$44,000
22.0% YoY Growth
Days on Market
138
N/A
Home Price Forecast
2.2%
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 — Packwood, IA

Packwood, IA lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$730,000N/A
Listing Count
1N/A
Listings as % of Homes0.6%N/A
Days on Market
138N/A
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Demographics — Packwood, IA

As of the latest ACS Survey released in 2023, Packwood, IA has a population of 691, which has increased by 5.7% over the past 5 years. Packwood, IA is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
6915.7%
% Under 18
24.7%-3.9%
% Seniors
29.2%180.8%
% WFH
7.2%35.8%
% w/ College Degree
13.7%71.3%
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Packwood, IA lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
98.7%2.5%
% Black
0.0%-100.0%
% Hispanic
0.0%N/A
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Packwood, IA

Packwood, IA lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A
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Rentals and Section 8 — Packwood, IA

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

Section 8 Market Size

Total Units under HUD
3
Total Units Section 8
3
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$670
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,070
4 BedroomN/AN/A$1,170

Affordability — Packwood, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$151,000
Median Household Income$44,000

Packwood, IA — ZIP Code Boundary Map

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Frequently Asked Questions