ZIP Code Market Report
51023 โ Hawarden, IA
Data through February 2026 ยท Updated monthly
Avg Home Value
$187,900
โฒ 4.0% year-over-year
Month-over-Month
-0.1%
โผ 0.1%
Single Family
$185,431
Condo / Co-op
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The average home value in the 51023 ZIP code (Hawarden, IOWA) is $187,900 as of February 2026. Home prices are rising, up 4.0% compared to last year.
The market in 51023 has a $206,326 spread between bottom-tier homes at $116,529 and top-tier homes at $322,855. 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 Sioux County market area in IOWA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Sioux County report.
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Market Snapshot
51023 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 | $189,459 | $188,173 | $187,900 | โผ 0.8% |
| Single Family Value | $183,163 | $183,992 | $185,431 | โฒ 1.2% |
Home Values
51023 Home Value Trend
Historical home values for ZIP code 51023. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
Property Types
Home Values by Property Type in 51023
How different property types compare in this ZIP code.
All Homes
$187,900
Single Family
$185,431
Bottom Tier
$116,529
Top Tier
$322,855
Data Sources and Methodology
Home value data for ZIP code 51023 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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