51501 — Council Bluffs, IA Home Values
Typical home value $188,552 as of June 2026 · 101st of 110 in Omaha-Council Bluffs, NE-IA
Blue: typical home value (Zillow ZHVI) in ZIP code 51501, June 2021 to June 2026. This page shows observed data only; no forecast.
How 51501 compares in the Omaha-Council Bluffs, NE-IA area
ZIP code 51501 (Council Bluffs, IA) has a typical home value of $188,552 as of June 2026, ranking 101st of 110 ZIP codes tracked in the Omaha-Council Bluffs, NE-IA area, more expensive than about 9% of ZIP codes in the metro. Prices here have moved +1.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +30.4%, from $144,622 in June 2021 to $188,552 in June 2026. Against observed rent, the typical home here sells for 11.4× the annual rent ($1,375/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Omaha-Council Bluffs, NE-IA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Omaha.
Population and demographics
ZIP code 51501 has a population of 34,928, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 78.5% White, 14.4% Hispanic or Latino, 3.2% two or more races, 1.8% Black or African American, 1.8% Asian, and 0.2% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| E A Kreft Primary School | 3206 Renner Dr., Council Bluffs, IA | 1 mi |
| Longfellow Elementary School | 2011 S 10th St, Council Bluffs, IA | 1.5 mi |
| Edison Elementary School | 2218 3rd Avenue, Council Bluffs, IA | 2.2 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 51501?
$188,552 as of June 2026, the latest month Zillow has published observed data for.
Is 51501 an expensive ZIP code in the Omaha-Council Bluffs, NE-IA area?
51501 ranks 101st of 110 ZIP codes in the Omaha-Council Bluffs, NE-IA area by typical home value, more expensive than about 9% of ZIP codes in the metro.
How much have home values in 51501 changed over the past year?
+1.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 51501?
The typical home price is 11.4× the observed annual rent in this ZIP code ($1,375/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 51501?
34,928, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 51501?
E A Kreft Primary School (1 mi), Longfellow Elementary School (1.5 mi), Edison Elementary School (2.2 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 51501?
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 Omaha-Council Bluffs, NE-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.