50131, Johnston, IA

Johnston, IA is located in Polk County and has a population of just over 10,000. The zip code 50131 has a median household income of $60,000 and a median home value of $128,000. Johnston is one of the more affordable zip codes in Iowa with both median home values and incomes being below the state average.

Home Equity

According to Zillow’s Home Value Index, Johnston has an average home value of $128,000 which is above the Iowa state average of $103,500. This means that homeowners in Johnston have more equity in their homes than homeowners in other areas of Iowa. Additionally, Johnston ranks #1 on Zillow’s list of “Most Affordable Zip Codes In Iowa” with a median home value of just $106,500. This means that homeowners in Johnston can afford to pay off their mortgage faster than homeowners in other areas of the state.

Home Prices

Johnston’s average home price is also above the statewide average which indicates that there are more opportunities for buyers to purchase homes within Johnston than elsewhere in Iowa. According to data from Trulia, as of September 2018 there were 1,898 active listings within 50131 which indicates that there are plenty of homes available for purchase. Additionally, according to MLSListings® as of September 2018 there were 1 active listing for every 2 bedrooms and 1 active listing for every 3 bedrooms within 50131 – indicating that demand for housing remains high within this zip code.