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Wellsburg, IA

Full City Profile · Iowa · Grundy County County

3.1 /5.0
B Good
710 Population 645/sq mi density
$63,125 Median Income $35,606 per capita
$110,800 Home Value $154,305 Zillow
$625 Median Rent 30.0% income on rent
47°F Avg Temperature 260 sunny days/yr
96 Violent Crime/100K 2,283 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$63,125 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$110,800 home value, $625/mo rent
F
Safety
1.0 / 5.0
96 violent crimes/100K
C
Education
2.4 / 5.0
17.1% bachelor's degree or higher

Housing Overview

Median Home Value
$110,800
61% below
US avg: $281,900
Median Rent
$625/mo
46% below
US avg: $1,163/mo
Homeownership Rate
89.6%
37% above US avg (65.4%)
Total Housing Units
388
Median year built: 1954

Home Value by Source

Census Median
$110,800
Zillow (ZHVI)
$154,305
Median Sale Price
$85,000
Median List Price
$155,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.6%
Owner-Occupied
10.4%
Renter-Occupied
90%
10%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $625/mo

Market Indicators (Redfin)

Median Days on Market
321 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$59
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
89.6%

Complete Housing Data

Home Values

Census Median Value$110,800
Zillow Home Value (ZHVI)$154,305
Median Sale Price$85,000
Median List Price$155,000
Price Per Sq Ft$59

Rent

Census Median Rent$625
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Days on Market321
Sale-to-List Ratio1.0%
Price Drops33.3%
Homes Sold2
Active Inventory3
Price Per Sq Ft$59

Ownership & Stock

Owner-Occupied89.6%
Renter-Occupied10.4%
Homeownership Rate89.6%
Total Housing Units388
Median Year Built1954
Rent Burden30.0%