Cities with the most expensive homes in Iowa

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February 26, 2024
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Cities with the most expensive homes in Iowa

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $344,159 in January, 3.6% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of Feb. 22, the 30-year fixed mortgage rate sits at 6.9%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in Iowa using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of January 2024. The charts in this story were created automatically using Matplotlib.

Metros with the most cities in the top 30 in Iowa
#1. Des Moines-West Des Moines, IA: 12
#2. Spirit Lake, IA: 5
#3. Iowa City, IA: 3
#4. Cedar Rapids, IA: 2
#4. Dubuque, IA: 2
#4. Omaha-Council Bluffs, NE-IA: 2
#7. Davenport-Moline-Rock Island, IA-IL: 1
#7. Pella, IA: 1

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Stacker

#30. Underwood

- Typical home value: $337,618
- 1-year price change: +4.2%
- 5-year price change: +45.4%
- Metro area: Omaha-Council Bluffs, NE-IA

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#29. Otley

- Typical home value: $337,683
- 1-year price change: +1.8%
- 5-year price change: +54.6%
- Metro area: Pella, IA

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#28. Zwingle

- Typical home value: $341,056
- 1-year price change: +2.0%
- 5-year price change: +49.7%
- Metro area: Dubuque, IA

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#27. Long Grove

- Typical home value: $342,040
- 1-year price change: +1.2%
- 5-year price change: +30.8%
- Metro area: Davenport-Moline-Rock Island, IA-IL

5 / 30
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#26. Dorchester

- Typical home value: $344,940
- 1-year price change: +5.4%
- 5-year price change: data not available
- Metro area: not in a metro area

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#25. Alleman

- Typical home value: $354,622
- 1-year price change: -1.6%
- 5-year price change: +18.2%
- Metro area: Des Moines-West Des Moines, IA

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#24. Granger

- Typical home value: $355,847
- 1-year price change: +2.1%
- 5-year price change: +35.7%
- Metro area: Des Moines-West Des Moines, IA

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#23. Ellston

- Typical home value: $358,046
- 1-year price change: +3.3%
- 5-year price change: +84.9%
- Metro area: not in a metro area

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#22. Saint Charles

- Typical home value: $363,345
- 1-year price change: +2.2%
- 5-year price change: +48.9%
- Metro area: Des Moines-West Des Moines, IA

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#21. Johnston

- Typical home value: $371,210
- 1-year price change: +2.9%
- 5-year price change: +32.7%
- Metro area: Des Moines-West Des Moines, IA

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#20. Peosta

- Typical home value: $373,311
- 1-year price change: +3.1%
- 5-year price change: +40.0%
- Metro area: Dubuque, IA

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#19. Robins

- Typical home value: $374,779
- 1-year price change: +1.5%
- 5-year price change: +34.8%
- Metro area: Cedar Rapids, IA

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#18. Toddville

- Typical home value: $381,088
- 1-year price change: +1.4%
- 5-year price change: +38.6%
- Metro area: Cedar Rapids, IA

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#17. Adel

- Typical home value: $384,215
- 1-year price change: +0.8%
- 5-year price change: +37.8%
- Metro area: Des Moines-West Des Moines, IA

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#16. Swisher

- Typical home value: $386,313
- 1-year price change: +1.6%
- 5-year price change: +28.4%
- Metro area: Iowa City, IA

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#15. Runnells

- Typical home value: $389,315
- 1-year price change: +4.7%
- 5-year price change: +46.6%
- Metro area: Des Moines-West Des Moines, IA

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#14. Clive

- Typical home value: $394,673
- 1-year price change: +2.9%
- 5-year price change: +33.4%
- Metro area: Des Moines-West Des Moines, IA

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#13. Van Meter

- Typical home value: $395,406
- 1-year price change: +2.0%
- 5-year price change: +45.8%
- Metro area: Des Moines-West Des Moines, IA

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#12. Arnolds Park

- Typical home value: $396,733
- 1-year price change: +7.9%
- 5-year price change: +56.6%
- Metro area: Spirit Lake, IA

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#11. Solon

- Typical home value: $397,901
- 1-year price change: +2.2%
- 5-year price change: +34.2%
- Metro area: Iowa City, IA

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#10. Polk City

- Typical home value: $398,751
- 1-year price change: +2.7%
- 5-year price change: +33.5%
- Metro area: Des Moines-West Des Moines, IA

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#9. Ackworth

- Typical home value: $416,560
- 1-year price change: +1.1%
- 5-year price change: data not available
- Metro area: Des Moines-West Des Moines, IA

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#8. Honey Creek

- Typical home value: $418,439
- 1-year price change: +5.9%
- 5-year price change: +65.7%
- Metro area: Omaha-Council Bluffs, NE-IA

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#7. Okoboji

- Typical home value: $429,131
- 1-year price change: +5.7%
- 5-year price change: +57.1%
- Metro area: Spirit Lake, IA

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#6. Panora

- Typical home value: $439,444
- 1-year price change: -2.7%
- 5-year price change: +30.1%
- Metro area: Des Moines-West Des Moines, IA

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#5. Shueyville

- Typical home value: $454,291
- 1-year price change: +1.0%
- 5-year price change: +33.5%
- Metro area: Iowa City, IA

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#4. Cumming

- Typical home value: $500,929
- 1-year price change: +0.6%
- 5-year price change: +40.3%
- Metro area: Des Moines-West Des Moines, IA

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#3. Wahpeton

- Typical home value: $571,526
- 1-year price change: +2.9%
- 5-year price change: +54.9%
- Metro area: Spirit Lake, IA

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#2. Orleans

- Typical home value: $615,031
- 1-year price change: +6.9%
- 5-year price change: +65.2%
- Metro area: Spirit Lake, IA

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#1. West Okoboji

- Typical home value: $905,525
- 1-year price change: +6.9%
- 5-year price change: +53.2%
- Metro area: Spirit Lake, IA

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 50 states.

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