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Iowa housing market: home prices by city and forecast

According to the Zillow Home Value Index, Iowa home prices put the typical home at $236,623 in September 2026, a +3.3% change from a year earlier.

Value of a typical home
$236,623
September 2026, Zillow ZHVI
Change over 12 months
+3.3%
US +1.2%
Change over 10 years
+66.0%
US +77.4%
Multiple measured since 2000
×2.58
US ×2.99
Home price relative to income
3.1. The median income figure is $75,501.

Among the 50 states and DC, with the highest values first: typical home value 45th, 12-month change 13th, growth since 2000 36th of 47, price to income 50th.

Iowa home prices since 2000

Prices for the typical Iowa home rose from $91,602 in January 2000 to $236,623; September 2026 marked the peak, also $236,623.

$50k$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $91,602$366,157$236,623Sep 2026IowaUnited States$50k$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $92k$366k$237kSep 2026
Zillow Home Value Index. Zillow Research data
Averages by year from 2000 to 2025.
Decade0123456789
2000s$93,356$97,731$101,894$106,147$110,561$115,688$120,238$122,938$123,446$122,046
2010s$121,584$118,851$120,722$126,001$130,620$135,825$142,355$146,914$153,000$160,638
2020s$168,352$184,076$203,622$211,391$219,535$227,827

Iowa home prices since 1975: the FHFA index

FHFA's repeat-sales index placed Iowa at 714 in 2025, with a 1975 baseline of 100. The index was up +3.2% from a year earlier in Q2 2026.

020040060080010001200198019902000201020201975 · 10011437142025IowaUnited States0200400600800100012001980200020201975 · 10011437142025
Yearly averages for all transactions from the FHFA House Price Index use 1975 = 100. FHFA HPI data

Owners reported the following values in the Census of Housing: $2,253 for Iowa in 1940 and $82,500 in 2000.

Census yearIowa median valueUS median value
1940$2,253$2,938
1950$6,320$7,354
1960$9,900$11,900
1970$13,900$17,000
1980$40,600$47,200
1990$45,900$79,100
2000$82,500$119,600

These figures have no inflation adjustment. Census of Housing tables

Home prices in Iowa by city

Pages are available for 5 cities, listed from largest to smallest:

CityValue of a typical homeChange over 12 monthsMultiple measured since 2000
Des Moines$208,053−0.3%×2.73
Cedar Rapids$215,727+2.2%×2.11
Davenport$194,286+3.8%
Sioux City$200,738+2.6%×3.43
Iowa City$300,467+3.0%
Council Bluffs$227,901+2.6%
Waterloo$146,001−0.1%
Dubuque$247,824+4.0%
Ames$301,900+2.6%
West Des Moines$320,565+0.4%
Ankeny$338,618+0.6%
Marion$279,729+4.2%
Urbandale$350,388+0.2%
Bettendorf$337,961+6.3%
Cedar Falls$265,713+1.6%

Zillow Home Value Index, September 2026.

Metro forecasts for Iowa prices

Zillow's 12-month forecasts, dated September 2026 for 5 Iowa metros, range from +1.6% to +4.8%:

MetroNext 3 monthsNext 12 months
Des Moines, IA+0.5%+1.6%
Cedar Rapids, IA+2.1%+4.8%
Davenport, IA+0.9%+3.2%
Sioux City, IA+1.2%+2.9%
Iowa City, IA+0.8%+3.3%

Zillow's estimate, and not advice about investing.

Iowa's cost of living

Iowa has a price level of 87.8 (US 100), including housing at 65.3, goods at 93.7, utilities at 83.3, and other services at 92.9 (BEA). Census ACS 2024 reports a median household income of $75,501 and median gross rent of $981 a month. It also reports that 71% of homes are owner-occupied, with a median year built of 1973.

For all states, see state cost of living. For city pages, see Des Moines.

How to read this chart

The first chart shows dollars and reaches its high of $236,623 in September 2026. The second uses an index. On the chart, Iowa's line ends at 714, so home prices there reached 7.1 times the 1975 level. Inflation is not factored into either chart.