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Griswold city, IA

ZIP 51535 — 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 51535

Median Home Value
$135,500
Median Rent
$567
Affordability Snapshot
$37,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$870/mo PITI).

8%
Rent-to-Income Ratio

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

1.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.9 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 51535 in Griswold city, IA, a household would need roughly $37,000 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 $870. That sits below the local median household income ($83,929), 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
82.8%+27% vs US avg
x
Vacancy Rate
9.6%-7% vs US avg
x
Broadband Access
82.2%-6% vs US avg
x
4+ Bedrooms
1.7%-89% vs US avg
x
Built Pre-1939
5.6%-56% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
7.0%-86% vs US avg
x
Mortgage-Free
55.8%+46% vs US avg
x
$135,500
Home Value
$567
Rent
1938
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached94.8%
  • 1-unit attached1.0%
  • 2-9 units1.5%
  • 10+ units1.0%
  • Mobile home & other1.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$135,500
Median rent$567
Owner-occupied82.8%
Vacant9.6%
Price-to-income1.6x
Est. income to buy$37,000