Iowa Housing Market
Cold MarketHousing market data and trends for Iowa. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: January 2026
Median Sale Price
$235K
↑ 3.7% YoY
Days on Market
61 days
↑ 7.0% YoY
Active Inventory
8,714
↓ 0.8% YoY
Homes Sold
1,993
↓ 7.2% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Iowa Market Summary
The Iowa housing market is cooling down. As of January 2026, the median home sale price is $235K, up 3.7% year-over-year. Homes are spending a median of 61 days on the market, 7.0% longer than a year ago.
There are 8,714 homes for sale — 0.8% fewer than last year. With 4.4 months of supply, this is a balanced market. 2,784 new listings were added during this period, down 6.0% year-over-year.
Homes are selling for 96.6% of their list price on average, suggesting room for negotiation. 16.2% of homes sell above their asking price. 23.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 44% below the national median, which could indicate stronger cash flow potential.
Iowa Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Sale-to-List Ratio
Listings with Price Drops
Detailed Market Metrics
Median List Price
$263K
Price per Sq Ft
$157
Sale-to-List Ratio
96.6%
Months of Supply
4.4
Sold Above List
16.2%
Price Drops
23.1%
New Listings
2,784
↓ 6.0% YoY
Pending Sales
2,762
Metro Areas in Iowa
Des Moines, IA metro area
$295K median
68 days
on market
Davenport, IA metro area
$193K median
44 days
on market
Cedar Rapids, IA metro area
$221K median
55 days
on market
Waterloo, IA metro area
$171K median
34 days
on market
Iowa City, IA metro area
$320K median
65 days
on market
Sioux City, IA metro area
$223K median
41 days
on market
Ames, IA metro area
$282K median
56 days
on market
Dubuque, IA metro area
$254K median
49 days
on market
Fort Madison, IA metro area
$105K median
102 days
on market
Mason City, IA metro area
$156K median
97 days
on market
Clinton, IA metro area
$135K median
54 days
on market
Pella, IA metro area
$220K median
36 days
on market
Burlington, IA metro area
$143K median
75 days
on market
Muscatine, IA metro area
$218K median
37 days
on market
Marshalltown, IA metro area
$140K median
24 days
on market
Ottumwa, IA metro area
$135K median
67 days
on market
Spencer, IA metro area
$153K median
107 days
on market
Spirit Lake, IA metro area
$385K median
109 days
on market
Storm Lake, IA metro area
$167K median
47 days
on market
Oskaloosa, IA metro area
$161K median
43 days
on market
Fairfield, IA metro area
$170K median
83 days
on market
Carroll, IA metro area
$215K median
82 days
on market
Fort Dodge, IA metro area
$100K median
182 days
on market
Find your next investment in Iowa
Analyze any rental property deal in Iowa — calculate cash flow, Cap Rate, DSCR, and more in under 60 seconds.
Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.