ZIP Code Market Report
50206 — New Providence, IA
Data through February 2026 · Updated monthly
Avg Home Value
$169,534
▲ 6.7% year-over-year
Month-over-Month
-1.2%
▼ 1.2%
Single Family
$166,828
Condo / Co-op
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The average home value in the 50206 ZIP code (New Providence, IOWA) is $169,534 as of February 2026. Home prices are rising, up 6.7% compared to last year.
The market in 50206 has a $263,435 spread between bottom-tier homes at $75,044 and top-tier homes at $338,479. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Hardin County market area in IOWA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Hardin County report.
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Market Snapshot
50206 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $172,238 | $171,586 | $169,534 | ▼ 1.6% |
| Single Family Value | $165,048 | $165,795 | $166,828 | ▲ 1.1% |
Home Values
50206 Home Value Trend
Historical home values for ZIP code 50206. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 50206
How different property types compare in this ZIP code.
All Homes
$169,534
Single Family
$166,828
Bottom Tier
$75,044
Top Tier
$338,479
Data Sources and Methodology
Home value data for ZIP code 50206 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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