50111 — Polk County, Iowa Market Snapshot
Housing market data for zip code 50111 in Polk County, Iowa. Updated monthly with median prices, days on market, and more.
Market Sales Data
89 sales in 2026 (year to date)
Median Sale Price
$353,425
Days to Sell
109
Homes Sold
89
Inventory
112
Sale-to-List
99.2%
New Listings
140
Price/SqFt
$232
Pending Sales
124
Conforming Loan Available
Most homebuyers in 50111 can comfortably use conventional financing. The median home price of $353,425 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 109 days on average, 50111 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 50111 (99.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 50111 can comfortably use conventional financing. The median home price of $353,425 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 50111 are set at the county level.
2026 Loan Limits — Polk 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 50111
To purchase the median home at $353,425 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,858.
Monthly Payment
$2,858
Income Required
$122,478
Principal & Interest
$2,178/mo
Down Payment (5%)
$17,671
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 50111.
Estimated Monthly Payment
$2,337
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