50648 — Black Hawk County, Iowa Market Snapshot
Housing market data for zip code 50648 in Black Hawk County, Iowa. Updated monthly with median prices, days on market, and more.
Market Sales Data
11 sales in 2026 (year to date)
Median Sale Price
$312,000
Days to Sell
131
Homes Sold
11
Inventory
13
Sale-to-List
99.0%
New Listings
16
Price/SqFt
$132
Pending Sales
14
Conforming Loan Available
Most homebuyers in 50648 can comfortably use conventional financing. The median home price of $312,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 131 days on average, 50648 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 50648 (99.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 50648 can comfortably use conventional financing. The median home price of $312,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 50648 are set at the county level.
2026 Loan Limits — Black Hawk County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 50648
To purchase the median home at $312,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,540.
Monthly Payment
$2,540
Income Required
$108,876
Principal & Interest
$1,922/mo
Down Payment (5%)
$15,600
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 50648.
Estimated Monthly Payment
$2,081
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