The story of this market
The typical home in ZIP 50229 sells for about $315,000, or $182 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $2,096 a month.
ZIP 50229 — Prole
The housing market in 50229 is characterized by low inventory and stable, moderate price growth driven by its rural appeal near the Des Moines metro. While demand remains steady, the high vacancy rate and limited rental depth suggest a market that is primarily driven by owner-occupant buyers rather than investors.
This ZIP is best suited for buyers seeking a rural lifestyle with proximity to Des Moines, including families and those looking for larger lot sizes, rather than investors or urban-focused renters.
Median prices moved up 2.1% year over year.
Homes spend a median of 48 days on market with 4.6 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.8% · poverty 2.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50229, Warren County IA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools serving the area are primarily managed by the Norwalk and Indianola community school districts, which generally maintain stable performance ratings within the regional context.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional wind events; flood risk is localized to specific low-lying areas near regional creeks.
Economic momentum is driven by proximity to the Des Moines metro area, with residential growth characterized by low-density development and limited commercial infrastructure.
Property taxes are assessed at the county level by Warren County, with rates determined by a combination of school district, county, and municipal levies.
Residents primarily rely on personal vehicles for commuting, with a typical drive time of 25-30 minutes to reach major employment hubs in the Des Moines metro area.
Recreational opportunities are largely rural, featuring access to local parks and proximity to larger regional trail systems and outdoor spaces in neighboring communities.
The rental market is limited in depth due to the rural nature of the ZIP, with vacancy pressure influenced by the low volume of available multi-family housing.
The local economy is largely tied to the broader Des Moines metropolitan area, with residents commuting for employment in sectors such as insurance, finance, and government.
Development is primarily focused on low-density residential expansion with no major commercial or infrastructure projects currently reported.
Parcels are subject to standard county and school district levies; no major MUD or PID districts are currently active in this rural ZIP.
Property insurance premiums are consistent with regional Iowa averages, reflecting moderate exposure to wind and storm-related hazards.
Data retrieved from census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Spare Time Des Moines4.214 mi
- Clive Aquatic Center4.516.7 mi
- Chuck E. Cheese3.916.2 mi
- Get Air Trampoline Park418.4 mi
- Kids Empire Jordan Creek4.113.6 mi
- Casey's Center4.518.5 mi
- Iowa Events Center4.518.4 mi
- Greater Des Moines Botanical Garden4.718.9 mi
- Principal Park4.617.9 mi
- The Iowa Taproom4.618.4 mi
- John Wayne Birthplace Museum4.710.6 mi
- Walnut Woods State Park4.612.6 mi
- Badger Creek State Recreation Area4.38.9 mi
- Historic Holliwell Covered Bridge4.88.1 mi
- Winterset City Park4.710.2 mi
- Iowa State Capitol4.818.9 mi
- Science Center of Iowa4.417.9 mi
- Pappajohn Sculpture Park4.617.6 mi
- Des Moines Art Center4.616.4 mi
- Hoyt Sherman Place4.817.8 mi
- Walnut Woods State Park4.612.6 mi
- Norwalk-McAninch Sports Complex4.29.4 mi
- Badger Creek State Recreation Area4.38.9 mi
- Winterset City Park4.710.2 mi
- Billy O Phillips Park4.411.1 mi
- Captain Roy's4.619.8 mi
- The Legacy Golf Club4.510.7 mi
- Willow Creek Golf Course412.3 mi
- Deer Run Golf Club3.411.6 mi
- Indianola Golf Club4.513 mi
- Hy-Vee Grocery Store4.310.4 mi
- Dollar General4.112 mi
- Des Moines International Airport4.314 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community green space serving the immediate area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.