How much is a home worth in ZIP code 50048?

The typical home in 50048 is worth $199,151, based on the Zillow Home Value Index.

Are home values rising in 50048?

Home values in 50048 are up 4.1% over the past year, and up 6.0% a year over five years.

What is the property tax rate in 50048?

The effective property tax rate in 50048 is 0.7% — roughly $1,436 a year on a typical home.

ZIP code 50048 has a population of 562 and a median household income of $54,688.

HousingHandbookReference data

…

U.S. ZIP Code · IA50048

Guthrie County · Des Moines-West Des Moines, IA

Typical home value

$199,151^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.1%
5-year / yr: +6.0%
10-year / yr: —

Relative price

vs U.S.: -29.9%
vs metro: -30.4%
vs state: -2.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 50048 is worth $199,151 — 30.4% below the Des Moines-West Des Moines, IA median. Over the past year, values have risen 4.1%. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: —^[2]
Gross yield: —^[2]
Cap rate: —^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $1,436^[3]

#Climate risk

FEMA National Risk Index ratings for Guthrie County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very Low^[4]
Riverine flood: Very Low
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively High
Heat wave: Very Low
Hurricane: Very Low
Tornado: Relatively Low
Earthquake: Very Low
Winter weather: Relatively Low

#Who lives here

Population: 562^[3]
Median household income: $54,688^[3]

#Migration

Household moves in and out of Guthrie County over a year, from IRS tax-return data.

Net migration: -7^[5]
Moved in: 297
Moved out: 304

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield—

Net yield (after ~40% expenses)—

Annual rent—

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,007

Loan principal$159,321

Down payment$39,830

Total interest paid$203,205

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio—

Monthly cost to own$1,292

Monthly rent—

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 76th percentile^[1]
Rental yield: —^[2]
Property tax: 1st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 50048?: The typical home in 50048 is worth $199,151, based on the Zillow Home Value Index.
Are home values rising in 50048?: Home values in 50048 are up 4.1% over the past year, and up 6.0% a year over five years.
What is the property tax rate in 50048?: The effective property tax rate in 50048 is 0.7% — roughly $1,436 a year on a typical home.
Who lives in 50048?: ZIP code 50048 has a population of 562 and a median household income of $54,688.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

50002 vs 50048 →
Adair, IA
Typical home
$197,224
Gross yield
—
50315 vs 50048 →
Des Moines, IA
Typical home
$197,166
Gross yield
7.0%
50317
Des Moines, IA
Typical home
$194,056
Gross yield
8.0%
50208
Newton, IA
Typical home
$204,532
Gross yield
4.6%
50115
Guthrie Center, IA
Typical home
$206,633
Gross yield
—
50277
Yale, IA
Typical home
$207,146
Gross yield
—

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#Jump to section

U.S. ZIP Code · IA50048

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