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Sun Valley Lake

Learn about the people, housing, costs and businesses in Sun Valley Lake, Iowa

Median Home$171,700
Median Rent$788/month
Population171
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade20% construction
Home Value Growth⬆⬆⬆+35.4% over 2 years
Retirees27% of residentsabove average nationally
Homeowners83% of occupied units
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Sun Valley Lake
IA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Sun Valley Lake?

As of today, the 30-year fixed mortgage rate for Sun Valley Lake 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 Sun Valley Lake?

The median home value in Sun Valley Lake is $172k. The median monthly rent is $788. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sun Valley Lake?

Home values in Sun Valley Lake have increased 35.4% over the past two years. This indicates a strong appreciation trend. 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 Sun Valley Lake?

Based on a typical all-in ownership cost of $990/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sun Valley Lake is $77k/year.

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What industries drive the economy in Sun Valley Lake?

The largest employment sectors in Sun Valley Lake are public administration (23%) and agriculture and mining (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.