Jasper County, Iowa Housing Market Prices
Jasper 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 43% above the Iowa median More expensive than 83% of counties in Iowa$219,047
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Median rent 14% below the Iowa median$836
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Jasper County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $219,047 | $153,425 | $248,835 |
| Price Trend (Annual %) | 18.0% | 7.5% | 7.5% |
| Median Gross Rent | $836 | $971 | $1,407 |
| Rent Trend (Annual %) | 2.4% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jasper County is about 43% higher than in Iowa. Rent is about 14% lower than the Iowa average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Jasper County, up about 18.0% and 2.4% a year respectively. Home prices are changing faster.
Median rent in Jasper County rose about 22.1% between 2015 and 2024, from $684 to $836. Over the same span, rent in Iowa rose about 39.6%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Jasper County.
Buying the median-priced home in Jasper County costs roughly 21.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Jasper County. The price-to-rent ratio in Iowa is about 13.2.
| Metric | Jasper County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $219,047 | $153,425 | $248,835 |
| Median Household Income | $70,936 | $75,133 | $80,455 |
| Price-to-Income Ratio | 3.1 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jasper County rose about 122.1%, while median household income rose about 45.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Jasper County | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.8% | 65.6% | 58.5% |
| Rental Rate | 25.5% | 25.9% | 31.2% |
| Vacancy Rate | 7.6% | 8.5% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Jasper County has a homeownership rate of 66.8%, higher than the Iowa average of 65.6%. Its housing vacancy rate is 7.6%, compared with 8.5% in Iowa.
Housing Stock
| Metric | Jasper County | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1970 | 1971 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Jasper County was built around 1970. On average, 2.4 people live in a home with about 6.0 rooms, staying for about 16.0 years on average.
Jasper County, IA Housing Compared With Nearby Counties
Jasper County, IA is the 4th largest of the 5 counties compared here, 37,954 residents against a local median of 70,290. Where Jasper County, IA breaks from the counties next to it is median home price, sitting 15% above the local median of $189,961 at $219,047.
The counties themselves spread $138,676 on median home price, so Jasper County, IA sits at one end of an already wide local range rather than apart from it. Jasper County, IA has the 2nd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jasper County, IA | 37,954 | $219,047 #2/5 | $836 #5/5 | 72.3% #3/5 |
| Marshall County, IA | 40,114 | $122,261 | $884 | 75.0% |
| Marion County, IA | 33,642 | $184,905 | $883 | 77.7% |
| Polk County, IA | 502,972 | $195,018 | $1,148 | 67.4% |
| Story County, IA | 100,466 | $260,937 | $1,018 | 55.5% |
Frequently Asked Questions
Common questions about the housing market in Jasper County, Iowa.
What is the median home price in Jasper County, Iowa?
The median home price in Jasper County, Iowa is $219,047, higher than the Iowa average of $153,425.
What is the average home price in Jasper County, Iowa?
The typical home price in Jasper County, Iowa, reported as the median sale price, is $219,047. 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 Jasper County, Iowa?
The median gross rent in Jasper County, Iowa is $836 per month, lower than the Iowa average of $971.
What was the median gross rent in Jasper County in 2020?
In 2020, the median gross rent in Jasper County, Iowa was $734 per month.
What is the price-to-rent ratio in Jasper County, Iowa?
The price-to-rent ratio in Jasper County, Iowa is about 21.8, meaning it would take roughly 21.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Jasper County.
Are home prices or rent rising faster in Jasper County, Iowa?
Both home prices and rent are rising in Jasper County, up about 18.0% and 2.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jasper County, Iowa?
66.8% of households in Jasper County, Iowa own their home, higher than the Iowa average of 65.6%.
What is the vacancy rate in Jasper County, Iowa?
The housing vacancy rate in Jasper County, Iowa is 7.6%, lower than the Iowa average of 8.5%.
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