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Martensdale city, IA

ZIP 50160 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 50160

Median Home Value
$176,400
Median Rent
$805
Affordability Snapshot
$49,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,133/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 50160 in Martensdale city, IA, a household would need roughly $49,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,133. That is roughly in line with the local median household income ($53,750). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
75.8%+16% vs US avg
x
Vacancy Rate
2.6%-75% vs US avg
x
Broadband Access
95.0%+9% vs US avg
x
4+ Bedrooms
3.4%-77% vs US avg
x
Built Pre-1939
6.7%-47% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
19.1%-62% vs US avg
x
Mortgage-Free
35.0%-8% vs US avg
x
$176,400
Home Value
$805
Rent
1970
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached82.8%
  • 1-unit attached0.0%
  • 2-9 units17.2%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$176,400
Median rent$805
Owner-occupied75.8%
Vacant2.6%
Price-to-income3.3x
Est. income to buy$49,000