50062 — Marion County, Iowa Market Snapshot
Housing market data for zip code 50062 in Marion County, Iowa. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 2 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Marion County county page for broader data.
Market Sales Data
2 sales in 2026 (year to date)
Median Sale Price
$131,950
Days to Sell
180
Homes Sold
2
Inventory
2
Conforming Loan Available
Most homebuyers in 50062 can comfortably use conventional financing. The median home price of $131,950 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 180 days on average, 50062 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Conforming Loan Feasibility
Most homebuyers in 50062 can comfortably use conventional financing. The median home price of $131,950 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 50062 are set at the county level.
2026 Loan Limits — Marion 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 50062
To purchase the median home at $131,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,161.
Monthly Payment
$1,161
Income Required
$49,755
Principal & Interest
$813/mo
Down Payment (5%)
$6,598
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 50062.
Estimated Monthly Payment
$967
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