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Colesburg

Learn about the people, housing, costs and businesses in Colesburg, Iowa

Median Home$166,100
Median Rent$775/month
Population405
Leading IndustriesRetail · Construction · Transportation23% retail
Home Value Growth-5.0% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners86% of occupied units
NotableAffordable Market$166k median home · lower cost than 67% of the country
Colesburg
IA

Frequently Asked Questions

What are today's mortgage rates in Colesburg?

As of today, the 30-year fixed mortgage rate for Colesburg is approximately 6.978% (7.020% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Colesburg?

The median home value in Colesburg is $166k. The median monthly rent is $775. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Colesburg?

Home values in Colesburg have decreased 5.0% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Colesburg?

Based on a typical all-in ownership cost of $897/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Colesburg is $84k/year.

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What industries drive the economy in Colesburg?

The largest employment sectors in Colesburg are public administration (24%) and retail (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.