Iowa
Housing Market

Name: Iowa Housing Market - Price Trend Analysis
Creator: Houzeo
License: https://www.houzeo.com/terms-of-use/

Iowa real estate currently favors sellers. With only 2.8 months of supply and properties taking an average of 46 days on market, sellers maintain substantial pricing authority and attract competitive bids.

Iowa Housing Market Forecast 2026

Verified Data

Updated Monthly

Fast Insights

Real-time Analytics

Last updated

#51

in Nation

Overview

Forecast

Supply

Demand

Iowa Housing Market Overview

Planning to sell property in Iowa? You're positioned favorably. Though the median sale price reaches $239,300 (up 3% year-over-year), the meaningful indicator is market velocity. Properties move within 46 days on market, inventory totals just 2.8 months of supply, and homes are selling for 97.9% of listing prices. Last month saw 3,108 Iowa houses sold, representing a 1.3% decrease from the previous year. These circumstances create optimal conditions for sellers to maximize returns and receive multiple strong offers.

Median Sale Price

# of Homes Sold

Median Days on Market

Median Sale Price

0% year-over-year

# of Homes Sold

0% year-over-year

Median Days on Market

0 year-over-year

What does this mean?

All

1 year

3 year

5 year

Iowa

Last updated on

Iowa Housing Market Forecast for 2026

Iowa's housing market is positioned for gradual stabilization in 2026, with modest growth expected as mortgage rates ease and inventory conditions improve while maintaining seller-favorable dynamics.

Price Outlook:

Home prices in Iowa forecast to rise 2-4% in 2026
Affordability is improving as wage growth outpaces home price appreciation
Strong homeowner equity supports price stability and strategic listing decisions

Will the Iowa Housing Market Crash in 2026?

Expert consensus strongly indicates no. Iowa remains supported by fundamental market strengths, including sustained buyer demand, strong homeowner equity levels, and stricter lending standards than pre-2008. With 2.8 months of supply and homes selling at 97.9% of the asking price, the market demonstrates healthy demand fundamentals. While some localized price corrections may occur in markets with rapid inventory growth, sellers can anticipate continued competitive conditions and price stability through 2026.

UnlikelyCrash MeterLikely

Current Market Indicators

Days on Market:
46 days
Months of Supply:
2.8 months
Sale-to-List Ratio:
97.9%
Mortgage Rates:
Currently- 6.23% projected to hover between 6.0% and 6.8%

Iowa Housing Supply

Iowa inventory favors sellers through constrained availability. With 8,605 homes currently available last month, the noteworthy element is supply limitations. Inventory grown 15.7% year-over-year, months of supply sits at merely 2.8 (up marginally from 2.9 previously), and 4,738 new properties came to market this month (a 9.6% up). This restricted inventory strengthens sellers' negotiating positions and creates urgency among buyers. For sellers ready to capitalize on favorable conditions, now represents an excellent opportunity to list your home on MLS in Iowa and achieve maximum value.

# of Homes for Sale

# of Newly Listed Homes

Months of Supply

# of Homes for Sale

0% year-over-year

# of Newly Listed Homes

0% year-over-year

Months of Supply

0% year-over-year

What does this mean?

All

1 year

3 year

5 year

Iowa

Last updated on

Iowa Housing Demand

Iowa purchasing activity demonstrates strong seller authority. With the sale-to-list price ratio at 97.9% last month, the defining characteristic is premium pricing capability. An impressive 23.6% of properties sold over asking price (down from 21.5% previously), the sale-to-list ratio held steady 0.4% year-over-year, and Iowa homes with price reductions climbed from 32% to 30.4%. These figures confirm sellers control market conditions and regularly receive offers exceeding their listing prices.

Homes Sold Above List Price

Homes with Price Drops

Sale-to-List Ratio

Homes Sold Above List Price

0% year-over-year

Homes with Price Drops

0% year-over-year

Sale-to-List Ratio

0% year-over-year

What does this mean?

All

1 year

3 year

5 year

Iowa

Last updated on

From Hot Trends to Hidden Gems—All in Your Pocket!

The Houzeo app brings the entire real estate journey to your fingertips. Browse, list, and close—anytime, anywhere.

Download the Houzeo Mobile App Now!

Check the Real Estate Trends in Your State

Search by Top Cities in Iowa

Cedar Rapids Housing Market

Frequently Asked Questions

How have home prices changed in Iowa over the past year?

Iowa's median home price is currently $239,300, with a 3% year-over-year increase. You can check your home's fair market value with our free home value estimator to compare prices in your neighborhood and know where you stand.

Are home prices dropping in Iowa?

Currently, home prices are stable with localized variations across different counties and cities. Experts forecast growth in Iowa home prices through 2025, although increased inventory may moderate prices in overvalued areas.

What's the average price for a house in Iowa?

The average cost of a home in Iowa typically ranges from $230,500 for condos to $242,200 for single-family homes, depending on location, size, and market conditions.

What are the Iowa housing market predictions in 2025 and beyond?

The housing market in Iowa is expected to stabilize in 2025, alongside rising mortgage rates. Our housing market predictions suggest that the supply of Iowa houses should increase enough to stabilize price growth.

What is a good time to buy a home in Iowa?

Typically, from August to December is the best time to buy when supply is high and demand is low. You must check the current market trends in home prices and inventory in Iowa. If mortgage rates are stable, the median market time is more than 70 days, with more than 5 months of supply, it's the best time to buy a house in Iowa.

What are the steps to buying houses in Iowa?

As a buyer, you should keep an eye on price changes and inventory levels. If you're buying a house in Iowa, you should get a mortgage pre-approval and budget for a down payment of at least 10%.

How can I list my home for sale in Iowa?

You can list your home for sale with a Flat Fee MLS Iowa listing service. High-tech MLS listing sites like Houzeo automatically assign the right MLS paperwork based on your location. 🚀

What is the average mortgage rate for buyers in Iowa?

The average mortgage rate for buyers in the Iowa real estate market fluctuates between 6% to 8%. Always check your credit score and current mortgage rates with lenders before you apply.

When will the housing market crash in Iowa?

A Iowa housing market crash is not likely in 2025 and 2026. Home prices are not dropping suddenly and remain 80% above pre-COVID levels, with sustained growth projected through 2025. You should keep an eye on Iowa housing market predictions before you invest.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.