Davis County, Iowa Housing Market Prices
Davis County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 80% below the Iowa median Cheaper than 87% of counties in Iowa$31,428
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Median rent 11% below the Iowa median$868
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Davis County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $31,428 | $153,425 | $248,835 |
| Price Trend (Annual %) | -9.4% | 7.5% | 7.5% |
| Median Gross Rent | $868 | $971 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Davis County is about 80% lower than in Iowa. Rent is about 11% lower than the Iowa average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2021
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Davis County: home prices fell about 9.4% a year while rent rose about 4.3% a year. That is an unusual pattern worth watching.
Median rent in Davis County rose about 49.3% between 2015 and 2024, from $581 to $868. Over the same span, rent in Iowa rose about 39.6%.
Affordability
On average, housing unit costs 0.4 yearly household incomes in Davis County.
Buying the median-priced home in Davis County costs roughly 3.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Davis County. The price-to-rent ratio in Iowa is about 13.2.
| Metric | Davis County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $31,428 | $153,425 | $248,835 |
| Median Household Income | $76,948 | $75,133 | $80,455 |
| Price-to-Income Ratio | 0.4 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2021, the median home price in Davis County fell about 54.8%, while median household income rose about 61.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Davis County | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 73.8% | 65.6% | 58.5% |
| Rental Rate | 14.8% | 25.9% | 31.2% |
| Vacancy Rate | 11.4% | 8.5% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Davis County has a homeownership rate of 73.8%, higher than the Iowa average of 65.6%. Its housing vacancy rate is 11.4%, compared with 8.5% in Iowa.
Housing Stock
| Metric | Davis County | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.83 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1967 | 1971 | 1978 |
| Median Number of Rooms | 5.8 | 5.9 | 5.5 |
The typical housing unit in Davis County was built around 1967. On average, 2.8 people live in a home with about 5.8 rooms, staying for about 17.0 years on average.
Davis County, IA Housing Compared With Nearby Counties
How Davis County, IA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Davis County, IA | 9,157 | $31,428 #3/3 | $868 #2/3 | 83.3% #1/3 |
| Wapello County, IA | 35,362 | $83,500 | $920 | 68.4% |
| Appanoose County, IA | 12,184 | $37,499 | $783 | 68.8% |
Frequently Asked Questions
Common questions about the housing market in Davis County, Iowa.
What is the median home price in Davis County, Iowa?
The median home price in Davis County, Iowa is $31,428, lower than the Iowa average of $153,425.
What is the average home price in Davis County, Iowa?
The typical home price in Davis County, Iowa, reported as the median sale price, is $31,428. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Davis County, Iowa?
The median gross rent in Davis County, Iowa is $868 per month, lower than the Iowa average of $971.
What was the median gross rent in Davis County in 2020?
In 2020, the median gross rent in Davis County, Iowa was $722 per month.
What is the price-to-rent ratio in Davis County, Iowa?
The price-to-rent ratio in Davis County, Iowa is about 3.0, meaning it would take roughly 3.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Davis County.
Are home prices or rent rising faster in Davis County, Iowa?
Home prices and rent are moving in opposite directions in Davis County: home prices fell about 9.4% a year while rent rose about 4.3% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Davis County, Iowa?
73.8% of households in Davis County, Iowa own their home, higher than the Iowa average of 65.6%.
What is the vacancy rate in Davis County, Iowa?
The housing vacancy rate in Davis County, Iowa is 11.4%, higher than the Iowa average of 8.5%.
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