50162 — Melbourne, IA Home Values
Typical home value $247,450 as of June 2026 · 5th of 11 in Marshalltown, IA
Blue: typical home value (Zillow ZHVI) in ZIP code 50162, June 2021 to June 2026. This page shows observed data only; no forecast.
How 50162 compares in the Marshalltown, IA area
ZIP code 50162 (Melbourne, IA) has a typical home value of $247,450 as of June 2026, ranking 5th of 11 ZIP codes tracked in the Marshalltown, IA area, more expensive than about 64% of ZIP codes in the metro. Prices here have moved +6.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +45.0%, from $170,615 in June 2021 to $247,450 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Marshalltown, IA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Marshalltown.
Population and demographics
ZIP code 50162 has a population of 1,190, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 98.4% White, 1.1% two or more races, 0.5% Hispanic or Latino, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| West Marshall Elementary School | 207 3rd St SW, State Center, IA | 8 mi |
| East Marshall Elementary School | 201 E Weissenberger, Laurel, IA | 8 mi |
| Baxter High School | 202 E State, Baxter, IA | 8.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 50162?
$247,450 as of June 2026, the latest month Zillow has published observed data for.
Is 50162 an expensive ZIP code in the Marshalltown, IA area?
50162 ranks 5th of 11 ZIP codes in the Marshalltown, IA area by typical home value, more expensive than about 64% of ZIP codes in the metro.
How much have home values in 50162 changed over the past year?
+6.0% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 50162?
1,190, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 50162?
West Marshall Elementary School (8 mi), East Marshall Elementary School (8 mi), Baxter High School (8.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 50162?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Marshalltown, IA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.