50162
Melbourne, Iowa.
Melbourne, Marshall County, IA · Marshalltown, IA metro · population 1,164
to buy the typical home at today's mortgage rate — +$767 (+151%) since Jan 2020.
- 1 year
- Up $17,427 +8%
- $225,111$242,538 since Sep 2025
- 5 years
- Up $77,166 +47%
- $165,372$242,538 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 50162$1,273
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in zip 50162 rose 7.7% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Marshall County, IA 96% · Jasper County, IA 4%
Zillow also publishes an index for the city itself: Melbourne, IA — measured over the city limits, which is a different area from this zip.
Typical home value — 50162
Mid-tier homes, smoothed and seasonally adjusted.
- 50162$242,538
- Marshalltown$192,354
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 4.4 | 50120 | Haverhill | 428 | — | $285,558 |
| 6.2 | 50234 | Rhodes | 559 | — | $246,821 |
| 6.9 | 50141 | Laurel | 587 | — | $243,607 |
| 8.2 | 50247 | State Center | 2,004 | — | $295,635 |
| 8.6 | 50028 | Baxter | 1,981 | — | $270,780 |
| 11.7 | 50055 | Collins | 1,102 | — | $272,672 |
| 12.1 | 50158 | Marshalltown | 31,396 | $1,024 | $177,227 |
| 13.4 | 50056 | Colo | 1,003 | — | $257,710 |
| 13.7 | 50106 | Gilman | 1,163 | — | $257,630 |
| 14.2 | 50005 | Albion | 812 | — | $181,185 |
| 14.7 | 50168 | Mingo | 826 | — | $328,193 |
| 14.9 | 50208 | Newton | 20,595 | $947 | $203,526 |
| 15.3 | 50135 | Kellogg | 1,754 | — | $224,151 |
| 16.0 | 50142 | Le Grand | 720 | — | $180,272 |
| 17.9 | 50161 | Maxwell | 2,296 | — | $326,490 |
| 18.1 | 50148 | Liscomb | 406 | — | $180,439 |
| 18.5 | 50054 | Colfax | 3,166 | — | $235,821 |
| 18.7 | 50173 | Montour | 705 | — | $173,597 |
| 19.7 | 50278 | Zearing | 891 | — | $263,245 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.