50864
Red Oak, Iowa.
Red Oak, Montgomery County, IA · population 1,662
to buy the typical home at today's mortgage rate — +$344 (+94%) since Jan 2020.
- 1 year
- Down $12,886 -9%
- $148,125$135,240 since Sep 2025
- 5 years
- Up $20,167 +18%
- $115,073$135,240 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.
- 50864$710
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 21 years.
Typical home values in zip 50864 fell 8.7% over the past year — slower than the nation's +1.2%.
This zip spans 5 counties: Montgomery County, IA 66% · Page County, IA 20% · Taylor County, IA 9% · Adams County, IA 4% · Cass County, IA 2%
Zillow also publishes an index for the city itself: Red Oak, IA — measured over the city limits, which is a different area from this zip.
Typical home value — 50864
Mid-tier homes, smoothed and seasonally adjusted.
- 50864$135,240
- 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 |
|---|---|---|---|---|---|
| 6.0 | 51573 | Stanton | 979 | — | $201,394 |
| 11.6 | 50841 | Corning | 2,340 | — | $145,241 |
| 12.9 | 51532 | Elliott | 644 | — | $150,648 |
| 13.3 | 51566 | Red Oak | 7,010 | $650 | $134,997 |
| 16.2 | 51632 | Clarinda | 6,624 | — | $164,032 |
| 16.4 | 51646 | New Market | 767 | — | $139,310 |
| 17.2 | 50848 | Gravity | 256 | — | $99,673 |
| 17.7 | 51638 | Essex | 1,258 | — | $183,021 |
| 18.9 | 50843 | Cumberland | 540 | — | $181,857 |
| 19.0 | 51535 | Griswold | 1,697 | — | $195,680 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.