51443 ZIP Code Housing Market
$225,000median sale price
Quick answer: The median home sale price in ZIP code 51443 is $225,000, down 24.4% year-over-year. Homes sell in an average of 79 days with 4 active listings. The market is currently a leaning buyer's.
Is the 51443 ZIP code a buyer's or seller's market?
ZIP code 51443 is currently a leaning buyer's and homes selling in about 79 days. How we determine this →
51443 market data
| Metric | Value |
|---|---|
| Median sale price | $225,000 |
| Median list price | $185,000 |
| Year-over-year price change | -24.4% |
| Average days on market | 79 days |
| Active inventory | 4 listings |
| Sale-to-list price ratio | 96.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 51443 zip code, located in Knoxville, IA, is currently classified as a leaning buyer's. The median sale price stands at $225,000, representing a -24.4% change year over year. Homes in this area spend an average of 79 days on the market before going under contract. There are currently 4 active listings in the area, which influences how much negotiating power buyers and sellers have.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 51443 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
3
Last 12 weeks
Days on market
79
Average pace
Active listings
4
Sale-to-list
96.0%
Below asking
Market trends
Market analysis for 51443
The 51443 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 96.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 51443 have declined -24.4% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 51443 stands at $218,309, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
1,653
Median income
$78,906/yr
Median age
41.3 years
Owner-occupied
8201.0%
College grads
2454.0%
Living in 51443
Zip code 51443 is home to approximately 1,653 residents. The median household income is $78,906 per year, which shapes the types of homes and amenities available in the area. With a median age of 41.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 8201.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 2454.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 51443.
Top public schools in ZIP 51443
2 schools tracked · 393 students
The largest public schools serving ZIP code 51443 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Glidden-Ralston Elementary School
Grades PK-6 · 237 students
Glidden-Ralston Jr-Sr High School
Grades 7-12 · 156 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 51443
What is the median home price in 51443?
The current median sale price in 51443 is $225,000, based on recent Redfin transaction data. Prices have changed -24.4% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 51443 a buyer's or seller's market?
The 51443 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 51443?
Zip code 51443 has a population of approximately 1,653 residents. The median household income is $78,906 per year. About 8201.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 51443?
Properties Incorporated provides comprehensive data for 51443 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 51443 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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