51531
Elk Horn, Iowa.
Elk Horn, Shelby County, IA · population 889
to buy the typical home at today's mortgage rate — +$576 (+133%) since Jan 2020.
- 1 year
- Down $543 -0%
- $192,582$192,039 since Sep 2025
- 5 years
- Up $51,146 +36%
- $140,893$192,039 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.
- 51531$1,008
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in zip 51531 fell 0.3% over the past year — slower than the nation's +1.2%.
This zip spans 2 counties: Shelby County, IA 79% · Audubon County, IA 21%
Zillow also publishes an index for the city itself: Elk Horn, IA — measured over the city limits, which is a different area from this zip.
Typical home value — 51531
Mid-tier homes, smoothed and seasonally adjusted.
- 51531$192,039
- 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 |
|---|---|---|---|---|---|
| 4.9 | 51543 | Kimballton | 478 | — | $126,453 |
| 7.1 | 51552 | Marne | 169 | — | $190,206 |
| 10.4 | 51577 | Walnut | 1,561 | — | $199,093 |
| 10.4 | 50042 | Brayton | 226 | — | $166,869 |
| 11.4 | 51537 | Harlan | 6,382 | — | $204,536 |
| 11.9 | 50076 | Exira | 1,301 | — | $148,147 |
| 12.5 | 50022 | Atlantic | 8,526 | — | $160,944 |
| 14.1 | 51446 | Irwin | 499 | — | $150,253 |
| 14.5 | 50025 | Audubon | 3,148 | — | $154,231 |
| 15.2 | 51521 | Avoca | 1,953 | — | $235,375 |
| 18.5 | 50274 | Wiota | 234 | — | $204,123 |
| 19.0 | 51544 | Lewis | 793 | — | $161,323 |
| 19.7 | 51570 | Shelby | 1,118 | — | $256,061 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.