c.1887 Iowa Farmhouse For Sale on 2.62 Acres $160K
OHU50K Notes $159,900
c.1887 Iowa Farmhouse For Sale on 2.62 Acres. There is plenty of space to get your hobby farm started. The old home is comfortable and has been lovingly updated.
Realtor Comments
Discover your own piece of country living on a durable, hard-surfaced road, set on 2.62 gross acres just outside town. This home features 4 bedrooms and 2 bathrooms, complemented by a formal dining room, living room, and enclosed porch. It showcases original woodworking and hardwood floors. With multiple living areas and a practical layout, it’s easy to customize the home to fit your lifestyle. Outside, enjoy open space perfect for gardening, recreation, and hobbies, along with a detached garage. The paved road ensures you have year-round access, and the central location allows for convenient commutes to nearby communities. If you’ve been looking for an acreage with room to spread out, great access, and versatile outbuildings, this property is a must-see.
- bed
- bath
- Build date 1887
- Contact Realtor: Gabby Mitchell
- Google Map
- Niche
Pros of Iowa Falls, IA
Very affordable housing and living costs
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The cost of living is about 17% below the U.S. average.
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Median home price is roughly $87k–$93k, much cheaper than most U.S. cities.
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Median rent is about $817 per month.
Many people can afford a house and land on a modest income.
Generally low crime compared with the U.S.
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Overall crime is about 16–27% lower than the national average.
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Violent crime is significantly below national levels.
This makes it a relatively safe small town.
Quiet small-town lifestyle
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Population is only around 5,000 residents, giving it a tight-knit community feel.
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Many people enjoy the slower pace and friendly environment.
Outdoor recreation and scenery
The town sits along the Iowa River, which offers:
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boating and kayaking
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fishing
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parks and walking trails.
Local attractions include:
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riverfront parks
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a historic swinging bridge
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golf courses and community events.
Good commute times
Because the town is small:
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commute times are short
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traffic is minimal.
Cons of Iowa Falls, IA
Very small town with limited amenities
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With only about 5,000 residents, options for:
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shopping
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restaurants
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entertainment
are limited.
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A resident review summed it up:
“There is hardly anything to do… nightlife is non-existent.”
Limited job opportunities
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Median household income is around $45k, below the national average.
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Job options can be limited in smaller towns.
Many residents commute to nearby cities for work.
Population decline
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The city’s population has declined slightly over recent years.
This can reflect fewer economic opportunities or young people moving away.
Car-dependent living
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Many amenities are not within walking distance, requiring driving.
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Public transportation is minimal.
Midwest weather extremes
Like much of Iowa, the area experiences:
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cold snowy winters
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hot humid summers.
Quick Summary
Best for:
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People wanting cheap housing
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Families seeking a quiet town
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Retirees
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Remote workers
Not ideal for:
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People seeking big-city entertainment
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Those wanting many career opportunities
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Anyone who dislikes small-town living
Overall:
Iowa Falls offers low living costs, safety, and a peaceful small-town atmosphere, but it comes with limited jobs, few amenities, and slow population growth.
If you want, I can also show you:
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10 small U.S. towns similar to Iowa Falls but growing faster
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The cheapest small towns in the Midwest to buy a house
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Pros and cons of nearby Iowa towns like Eldora or Webster City.
