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Home values, rents and more in Royal, IA

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$105,000
Metro: $196,000 · U.S.: $366,000
Home values, past year
+8.8%
Metro: +4.2% · U.S.: +1.2%
Population
585
ACS 2020–24
Median household income
$56,893
Metro: $65,428 · U.S.: $80,734
ZIP codes around Royal, IA, shaded by typical home valueRoyal
  • Under $150k
  • $150k–$160k
  • $160k–$170k
  • $170k–$190k
  • $190k+
  • No data
ZIP codes around Royal, IA, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Royal is outlined.

How Royal compares

The typical home in Royal, IA is worth about $105,000, according to the Zillow Home Value Index for September 2026. Home values in Royal are 47% below the typical value in the Spencer metro area ($196,000) and 71% below the U.S. typical value ($366,000).

Over the past year, home values in Royal rose 8.8%, compared with +4.2% in the Spencer metro area and +1.2% nationally.

The median household income is $56,893, against $65,428 in the Spencer metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 585 people live in Royal (American Community Survey 2020–24).

Royal has the lowest typical home value of the 8 cities in the Spencer metro area and the 26th-lowest of 770 in Iowa with Zillow figures.

Part of: Clay County, IA · Spencer metro area · Iowa

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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