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Newell city, IA

ZIP 50568 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 50568

Median Home Value
$124,300
Median Rent
$507
Affordability Snapshot
$34,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$798/mo PITI).

8%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 50568 in Newell city, IA, a household would need roughly $34,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $798. That sits below the local median household income ($74,946), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
79.9%+22% vs US avg
x
Vacancy Rate
11.1%+8% vs US avg
x
Broadband Access
87.3%+0% vs US avg
x
4+ Bedrooms
6.8%-54% vs US avg
x
Built Pre-1939
9.9%-22% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
4.7%-91% vs US avg
x
Mortgage-Free
43.0%+13% vs US avg
x
$124,300
Home Value
$507
Rent
1953
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached93.4%
  • 1-unit attached1.2%
  • 2-9 units3.9%
  • 10+ units0.5%
  • Mobile home & other1.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$124,300
Median rent$507
Owner-occupied79.9%
Vacant11.1%
Price-to-income1.7x
Est. income to buy$34,000