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Rock Valley city, IA

ZIP 51247 — 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 51247

Median Home Value
$238,200
Median Rent
$855
Affordability Snapshot
$66,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,530/mo PITI).

14%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.2 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 51247 in Rock Valley city, IA, a household would need roughly $66,000 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 $1,530. That sits below the local median household income ($73,451), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
68.7%+5% vs US avg
x
Vacancy Rate
0.8%-92% vs US avg
x
Broadband Access
89.6%+3% vs US avg
x
4+ Bedrooms
8.4%-43% vs US avg
x
Built Pre-1939
3.0%-76% vs US avg
x
Built Post-2014
1.8%-74% vs US avg
x
Rent Burden >30%
28.2%-43% vs US avg
x
Mortgage-Free
48.9%+28% vs US avg
x
$238,200
Home Value
$855
Rent
1972
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached77.3%
  • 1-unit attached4.4%
  • 2-9 units9.8%
  • 10+ units8.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$238,200
Median rent$855
Owner-occupied68.7%
Vacant0.8%
Price-to-income3.2x
Est. income to buy$66,000