50156 — Polk County, Iowa Market Snapshot
Housing market data for zip code 50156 in Polk County, Iowa. Updated monthly with median prices, days on market, and more.
Market Sales Data
19 sales in 2026 (year to date)
Median Sale Price
$195,000
Days to Sell
51
Homes Sold
19
Inventory
9
Sale-to-List
98.9%
New Listings
18
Price/SqFt
$187
Pending Sales
19
Conforming Loan Available
Most homebuyers in 50156 can comfortably use conventional financing. The median home price of $195,000 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
50156's market is balanced with homes taking an average of 51 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 50156 (98.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 50156 can comfortably use conventional financing. The median home price of $195,000 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 50156 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 50156
To purchase the median home at $195,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,644.
Monthly Payment
$1,644
Income Required
$70,458
Principal & Interest
$1,202/mo
Down Payment (5%)
$9,750
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 50156.
Estimated Monthly Payment
$1,357
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