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Area data

Peterson, IA — ZIP 51047

Population: 693 (Census ACS)

The typical home value in ZIP 51047 (Peterson, IA) is $177,587 — up 7.7% over the past year. Homes sell for a median $67,000 after a median 25 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with hail, winter weather the top-rated hazards. Cost of living is 12.2% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$177,587

Typical home value

+7.7%

1-year change

25

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Typical home value
$177,587
1-year appreciation
+7.7%
3-year appreciation
+15.5%
5-year appreciation
+44.4%
Peak value since 2000 (Aug 2026)
$177,587
House Price Index (state)
386.7 (+2.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$67,000
Median price per sqft
$89
1-year sale-price change
-41.7%
Median days on market
25 days
Homes sold (recent period)
1
Sale-to-list ratio
95.9%
1-year forecast
+3.4%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$688/mo
1BR fair-market rent
$709/mo
2BR fair-market rent
$927/mo
3BR fair-market rent
$1,214/mo
4BR fair-market rent
$1,218/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Low)
87.8 (100 = US avg)
Electricity rate (state-level)
13.7¢/kWh
Natural gas rate (state-level)
$10.60/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
hail, winter weather
Notable hazard ratings (county)
hail: Relatively Moderate · winter weather: Relatively Moderate · drought: Relatively Low · tornado: Relatively Low · cold wave: Relatively Low · ice storm: Relatively Low
Wildfire risk to homes (county)
Higher than 27% of US counties
Buildings in wildfire direct-exposure zone
33.7%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
47.0°F
Average high
58.0°F
Average low
35.0°F
Annual precipitation
31.2 in
Annual snowfall
37.8 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
7
Nearest airport
Spencer Municipal Airport (SPW) (12 mi)
Hospitals in or near this ZIP
11
Hospitals include
SPENCER MUNICIPAL HOSPITAL, LAKES REGIONAL HEALTHCARE, POCAHONTAS COMMUNITY HOSPITAL
Avg hospital rating (CMS)
2.4 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+16 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1938
Housing built before 1970
66.4%
Housing built 2000 or later
16.4%
Median annual property tax
$1,241
Mean commute to work
18 min
Households with broadband internet
54.5%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
6,999
Average weekly wage
$1,036
Top industries (by employment)
Wholesale Trade, Accommodation & Food, Construction
Annual residential building permits (county)
61

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 51047State medianUS median
Typical home value$177,587$211,043$288,527
Median sale price$67,000$220,000$325,000
Median days on market25 days48 days51 days
Median annual property tax$1,241$1,927$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 51047?
$177,587.
What is the median sale price in ZIP 51047?
$67,000.
How long do homes take to sell in ZIP 51047?
Median days on market: 25 days.
What is typical rent in ZIP 51047?
2-bedroom fair-market rent: $927/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 51047?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: hail, winter weather.
What is the wildfire risk in ZIP 51047?
Risk to homes is higher than 27% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 51047?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 51047?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the cost of living in ZIP 51047?
Regional Price Parity: 87.8 (100 = US average) (Low) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents