50138 — Marion County, Iowa Market Snapshot
Housing market data for zip code 50138 in Marion County, Iowa. Updated monthly with median prices, days on market, and more.
Market Sales Data
36 sales in 2026 (year to date)
Median Sale Price
$201,500
Days to Sell
35
Homes Sold
36
Inventory
27
Sale-to-List
96.6%
New Listings
48
Price/SqFt
$170
Pending Sales
46
Conforming Loan Available
Most homebuyers in 50138 can comfortably use conventional financing. The median home price of $201,500 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
50138's market is balanced with homes taking an average of 35 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 50138 sells for 3.4% below asking price (96.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 50138 can comfortably use conventional financing. The median home price of $201,500 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 50138 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 50138
To purchase the median home at $201,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,694.
Monthly Payment
$1,694
Income Required
$72,593
Principal & Interest
$1,242/mo
Down Payment (5%)
$10,075
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 50138.
Estimated Monthly Payment
$1,397
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