50703 — Black Hawk County, Iowa Market Snapshot

Housing market data for zip code 50703 in Black Hawk County, Iowa. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

47 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$98,000

8.3% YoYClosed sales

Days to Sell

37

Median, listing to close

Homes Sold

47

Closed in 2026

Inventory

29

Sale-to-List

97.7%

New Listings

43

Price/SqFt

$95

Pending Sales

34

Conforming Loan Available

Most homebuyers in 50703 can comfortably use conventional financing. The median home price of $98,000 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

50703's market is balanced with homes taking an average of 37 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

The average home in 50703 sells for 2.3% below asking price (97.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 50703 can comfortably use conventional financing. The median home price of $98,000 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 50703 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 50703

To purchase the median home at $98,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $901.

Monthly Payment

$901

Income Required

$38,607

Principal & Interest

$604/mo

Down Payment (5%)

$4,900

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 50703.

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Estimated Monthly Payment

$757

Principal & Interest$509
Property Tax$98
Insurance$150
Loan Amount$78,400
Total Interest$104,660
Income Required$32,421/yr

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