Zip lookup · IA

51566
Red Oak, Iowa.

Red Oak, Montgomery County, IA · population 7,010

What it costs per month · 51566 $709/mo

to buy the typical home at today's mortgage rate — +$372 (+110%) since Jan 2020.

What the home itself did
1 year
Down $4,719 -3%
$139,716$134,997 since Sep 2025
5 years
Up $28,489 +27%
$106,508$134,997 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.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 51566 $709 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 51566$709
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in zip 51566 fell 3.4% over the past year — slower than the nation's +1.2%.

This zip spans 3 counties: Montgomery County, IA 91% · Page County, IA 7% · Pottawattamie 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.

Asking rent $650 as of Aug 2026
Typical home value $134,997 as of Sep 2026
-3.4%year on year

Asking rent — 51566

Against the metro metro and the national benchmark.

Not enough data to draw this yet.

Typical home value — 51566

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 51566 $134,997 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 51566$134,997
  • 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
7.5 51573 Stanton 979 — $201,394
7.9 51533 Emerson 844 — $190,219
10.3 51532 Elliott 644 — $150,648
12.3 51638 Essex 1,258 — $183,021
12.8 51541 Henderson 273 — $178,604
13.3 50864 Villisca 1,662 — $135,240
14.0 51540 Hastings 372 — $207,294
15.5 51535 Griswold 1,697 — $195,680
18.1 51525 Carson 1,067 — $260,448
18.8 51551 Malvern 1,842 — $251,107
19.5 51649 Randolph 346 — $201,047

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.