Louisa County, Iowa Housing Market Prices
Louisa 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 65% above the Iowa median More expensive than 88% of counties in Iowa$253,906
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Median rent 20% below the Iowa median$775
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Louisa County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $253,906 | $153,425 | $248,835 |
| Price Trend (Annual %) | 29.8% | 7.5% | 7.5% |
| Median Gross Rent | $775 | $971 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Louisa County is about 65% higher than in Iowa. Rent is about 20% 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 Louisa County, up about 29.8% and 3.3% a year respectively. Home prices are changing faster.
Median rent in Louisa County rose about 25.4% between 2015 and 2024, from $618 to $775. Over the same span, rent in Iowa rose about 39.6%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Louisa County.
Buying the median-priced home in Louisa County costs roughly 27.3 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 Louisa County. The price-to-rent ratio in Iowa is about 13.2.
| Metric | Louisa County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $253,906 | $153,425 | $248,835 |
| Median Household Income | $77,267 | $75,133 | $80,455 |
| Price-to-Income Ratio | 3.3 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Louisa County rose about 319.7%, while median household income rose about 51.1% 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 | Louisa County | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.8% | 65.6% | 58.5% |
| Rental Rate | 17.6% | 25.9% | 31.2% |
| Vacancy Rate | 10.6% | 8.5% | 10.2% |
| Median Tenure (years) | 19.0 | 15.0 | 15.0 |
| Median Year Moved In | 2007 | 2011 | 2011 |
Louisa County has a homeownership rate of 71.8%, higher than the Iowa average of 65.6%. Its housing vacancy rate is 10.6%, compared with 8.5% in Iowa.
Housing Stock
| Metric | Louisa County | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.49 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1963 | 1971 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Louisa County was built around 1963. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 19.0 years on average.
Louisa County, IA Housing Compared With Nearby Counties
How Louisa County, IA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Louisa County, IA | 10,678 | $253,906 #1/3 | $775 #3/3 | 80.3% #1/3 |
| Des Moines County, IA | 38,487 | $24,305 | $904 | 74.6% |
| Henry County, IA | 20,002 | $107,954 | $819 | 74.1% |
Frequently Asked Questions
Common questions about the housing market in Louisa County, Iowa.
What is the median home price in Louisa County, Iowa?
The median home price in Louisa County, Iowa is $253,906, higher than the Iowa average of $153,425.
What is the average home price in Louisa County, Iowa?
The typical home price in Louisa County, Iowa, reported as the median sale price, is $253,906. 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 Louisa County, Iowa?
The median gross rent in Louisa County, Iowa is $775 per month, lower than the Iowa average of $971.
What was the median gross rent in Louisa County in 2020?
In 2020, the median gross rent in Louisa County, Iowa was $646 per month.
What is the price-to-rent ratio in Louisa County, Iowa?
The price-to-rent ratio in Louisa County, Iowa is about 27.3, meaning it would take roughly 27.3 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 Louisa County.
Are home prices or rent rising faster in Louisa County, Iowa?
Both home prices and rent are rising in Louisa County, up about 29.8% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Louisa County, Iowa?
71.8% of households in Louisa County, Iowa own their home, higher than the Iowa average of 65.6%.
What is the vacancy rate in Louisa County, Iowa?
The housing vacancy rate in Louisa County, Iowa is 10.6%, higher than the Iowa average of 8.5%.
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