US5.com
  1. Home
  2. States
  3. Iowa
  4. ZIP 51238
  5. Housing & Real Estate
Hospers city, IA

ZIP 51238 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 51238

Median Home Value
$176,000
Median Rent
$613
Affordability Snapshot
$48,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,131/mo PITI).

9%
Rent-to-Income Ratio

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

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

23.9 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 51238 in Hospers city, IA, a household would need roughly $48,000 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 $1,131. That sits below the local median household income ($82,634), suggesting the typical household income is closer to a workable buy-in level under these assumptions. 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
87.2%+33% vs US avg
x
Vacancy Rate
1.6%-84% vs US avg
x
Broadband Access
90.0%+3% vs US avg
x
4+ Bedrooms
17.9%+21% vs US avg
x
Built Pre-1939
5.8%-54% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
11.6%-77% vs US avg
x
Mortgage-Free
51.7%+35% vs US avg
x
$176,000
Home Value
$613
Rent
1957
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached92.7%
  • 1-unit attached0.9%
  • 2-9 units4.6%
  • 10+ units1.3%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$176,000
Median rent$613
Owner-occupied87.2%
Vacant1.6%
Price-to-income2.1x
Est. income to buy$48,000