50311 — Polk County, Iowa Market Snapshot
Housing market data for zip code 50311 in Polk County, Iowa. Updated monthly with median prices, days on market, and more.
Market Sales Data
53 sales in 2026 (year to date)
Median Sale Price
$232,500
Days to Sell
6
Homes Sold
53
Inventory
48
Sale-to-List
98.7%
New Listings
88
Price/SqFt
$193
Pending Sales
76
Conforming Loan Available
Most homebuyers in 50311 can comfortably use conventional financing. The median home price of $232,500 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
50311 is an extremely competitive market with homes selling in just 6 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 50311 (98.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 50311 can comfortably use conventional financing. The median home price of $232,500 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 50311 are set at the county level.
2026 Loan Limits — Polk 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 50311
To purchase the median home at $232,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,931.
Monthly Payment
$1,931
Income Required
$82,772
Principal & Interest
$1,433/mo
Down Payment (5%)
$11,625
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 50311.
Estimated Monthly Payment
$1,589
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