Poweshiek County, Iowa Housing Market Prices
Poweshiek 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 54% above the Iowa median More expensive than 86% of counties in Iowa$235,714
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Median rent 9% below the Iowa median More expensive than 73% of counties in Iowa$882
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Poweshiek County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $235,714 | $153,425 | $248,835 |
| Price Trend (Annual %) | 9.2% | 7.5% | 7.5% |
| Median Gross Rent | $882 | $971 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Poweshiek County is about 54% higher than in Iowa. Rent is about 9% 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 Poweshiek County, up about 9.2% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Poweshiek County rose about 38.0% between 2015 and 2024, from $639 to $882. Over the same span, rent in Iowa rose about 39.6%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Poweshiek County.
Buying the median-priced home in Poweshiek County costs roughly 22.3 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 Poweshiek County. The price-to-rent ratio in Iowa is about 13.2.
| Metric | Poweshiek County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $235,714 | $153,425 | $248,835 |
| Median Household Income | $68,360 | $75,133 | $80,455 |
| Price-to-Income Ratio | 3.4 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Poweshiek County rose about 108.3%, while median household income rose about 26.3% 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 | Poweshiek County | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.9% | 65.6% | 58.5% |
| Rental Rate | 25.0% | 25.9% | 31.2% |
| Vacancy Rate | 13.0% | 8.5% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Poweshiek County has a homeownership rate of 61.9%, lower than the Iowa average of 65.6%. Its housing vacancy rate is 13.0%, compared with 8.5% in Iowa.
Housing Stock
| Metric | Poweshiek County | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.16 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1968 | 1971 | 1978 |
| Median Number of Rooms | 6.1 | 5.9 | 5.5 |
The typical housing unit in Poweshiek County was built around 1968. On average, 2.2 people live in a home with about 6.1 rooms, staying for about 16.0 years on average.
Poweshiek County, IA Housing Compared With Nearby Counties
How Poweshiek County, IA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Poweshiek County, IA | 18,545 | $235,714 #1/3 | $882 #1/3 | 71.2% #2/3 |
| Mahaska County, IA | 22,021 | $202,419 | $793 | 68.0% |
| Tama County, IA | 16,868 | $85,999 | $871 | 76.0% |
Frequently Asked Questions
Common questions about the housing market in Poweshiek County, Iowa.
What is the median home price in Poweshiek County, Iowa?
The median home price in Poweshiek County, Iowa is $235,714, higher than the Iowa average of $153,425.
What is the average home price in Poweshiek County, Iowa?
The typical home price in Poweshiek County, Iowa, reported as the median sale price, is $235,714. 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 Poweshiek County, Iowa?
The median gross rent in Poweshiek County, Iowa is $882 per month, lower than the Iowa average of $971.
What was the median gross rent in Poweshiek County in 2020?
In 2020, the median gross rent in Poweshiek County, Iowa was $734 per month.
What is the price-to-rent ratio in Poweshiek County, Iowa?
The price-to-rent ratio in Poweshiek County, Iowa is about 22.3, meaning it would take roughly 22.3 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 Poweshiek County.
Are home prices or rent rising faster in Poweshiek County, Iowa?
Both home prices and rent are rising in Poweshiek County, up about 9.2% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Poweshiek County, Iowa?
61.9% of households in Poweshiek County, Iowa own their home, lower than the Iowa average of 65.6%.
What is the vacancy rate in Poweshiek County, Iowa?
The housing vacancy rate in Poweshiek County, Iowa is 13.0%, higher than the Iowa average of 8.5%.
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