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Home appreciation in Iowa
Iowa's FHFA HPI® all-transactions index changed +3.2% over the year to Q2 2026, versus +3.0% nationally, ranking 27th of 51 states and D.C. Below, compare its 25 3-digit ZIP regions and 9 metro areas.
- 1-year change
- +3.2%
- 5-year change
- +37.4%
- Since Q1 1995
- +212%
- State rank (1 year)
- 27th
U.S. +3.0%
36th of 51
U.S. +292%
of 51 states and D.C.
Iowa vs the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Iowa: 312.1
- United States: 391.6
Iowa appreciation by time window
| Window | IA | U.S. | Gap vs U.S. |
|---|---|---|---|
| 1 year | +3.2% | +3.0% | +0.2 pts |
| 3 years | +13.1% | +12.9% | +0.3 pts |
| 5 years | +37.4% | +41.3% | −3.9 pts |
| 10 years | +70.6% | +93.3% | −22.7 pts |
| Since Q1 1995 | +212% | +292% | −79.5 pts |
3-digit ZIP regions in Iowa
Fastest-appreciating ZIP codes in Iowa →Sorted by one-year change. 17 of 25 regions beat the national one-year change of +3.0%. Place labels name the largest community in each region.
| # | 3-digit ZIP region | 1 year | 5 years | 10 years | Since Q1 1995 |
|---|---|---|---|---|---|
| 1 | 523 · Marion, IA area | +6.1% | +38.1% | +66.1% | +183% |
| 2 | 524 · Cedar Rapids, IA area | +5.7% | +34.8% | +65.8% | +151% |
| 3 | 501 · Marshalltown, IA area | +5.3% | +38.9% | +72.2% | +208% |
| 4 | 504 · Mason City, IA area | +5.2% | +37.4% | +71.2% | +242% |
| 5 | 528 · Davenport, IA area | +4.9% | +34.8% | +66.0% | +208% |
| 6 | 506 · Cedar Falls, IA area | +4.8% | +39.4% | +66.1% | +250% |
| 7 | 520 · Dubuque, IA area | +4.3% | +41.4% | +70.2% | +216% |
| 8 | 515 · Council Bluffs, IA area | +3.8% | +47.3% | +94.8% | +288% |
| 9 | 510 · Le Mars, IA area | +3.2% | +38.3% | +75.5% | +253% |
| 10 | 508 · Creston, IA area | +3.1% | +39.6% | +74.3% | +239% |
| 11 | 512 · Sioux Center, IA area | +3.1% | +39.6% | +74.3% | +239% |
| 12 | 513 · Spencer, IA area | +3.1% | +39.6% | +74.3% | +239% |
| 13 | 514 · Carroll, IA area | +3.1% | +39.6% | +74.3% | +239% |
| 14 | 516 · Clarinda, IA area | +3.1% | +39.6% | +74.3% | +239% |
| 15 | 521 · Decorah, IA area | +3.1% | +39.6% | +74.3% | +239% |
| 16 | 525 · Ottumwa, IA area | +3.1% | +39.6% | +74.3% | +239% |
| 17 | 526 · Burlington, IA area | +3.1% | +39.6% | +74.3% | +239% |
| 18 | 527 · Bettendorf, IA area | +3.0% | +34.2% | +64.0% | +202% |
| 19 | 500 · Ames, IA area | +2.4% | +34.1% | +65.5% | +197% |
| 20 | 522 · Iowa City, IA area | +2.3% | +33.6% | +61.7% | +177% |
| 21 | 507 · Waterloo, IA area | +1.9% | +35.1% | +60.2% | +242% |
| 22 | 502 · West Des Moines, IA area | +1.8% | +38.0% | +70.7% | +209% |
| 23 | 503 · Des Moines, IA area | +1.8% | +34.3% | +74.2% | +215% |
| 24 | 511 · Sioux City, IA area | -0.0% | +40.3% | +83.8% | +225% |
| 25 | 505 · Fort Dodge, IA area | -0.4% | +30.7% | +61.4% | +209% |
Metro areas in Iowa
| Metro area | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|
| Ames, IA | +5.6% | +37.4% | +225% |
| Dubuque, IA | +5.2% | +41.2% | +212% |
| Cedar Rapids, IA | +4.8% | +35.1% | +158% |
| Omaha, NE-IA | +4.2% | +40.1% | +249% |
| Davenport-Moline-Rock Island, IA-IL | +4.1% | +36.0% | +196% |
| Iowa City, IA | +3.0% | +33.9% | +178% |
| Waterloo-Cedar Falls, IA | +2.6% | +37.0% | +244% |
| Des Moines-West Des Moines, IA | +2.3% | +35.2% | +204% |
| Sioux City, IA-NE-SD | -1.1% | +39.6% | +229% |
Boom, bust, and recovery in Iowa
Iowa's index peaked in Q1 2009, fell 2.5% to its low in Q2 2011, and regained its peak in Q4 2012, about 3.8 years after the top. Today it sits +86.4% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| IA | Q1 2009 | Q2 2011 | -2.5% | Q4 2012 (3.8 yrs) | +86.4% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Iowa's index has changed +40.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | IA after inflation | U.S. after inflation |
|---|---|---|---|
| 1 year | +3.9% | -0.6% | -0.8% |
| 3 years | +9.8% | +3.0% | +2.8% |
| 5 years | +24.0% | +10.8% | +13.9% |
| 10 years | +39.1% | +22.7% | +39.0% |
| Since Q1 1995 | +121% | +40.9% | +76.8% |
If you bought in Iowa in…
An example $300,000 purchase grown at the statewide index rate to Q2 2026. Local markets within the state vary widely.
| Bought in | Index change | $300,000 then, at the state rate |
|---|---|---|
| Q2 1995 | +206% | $916,525 |
| Q2 2000 | +147% | $740,266 |
| Q2 2005 | +99.3% | $597,898 |
| Q2 2010 | +89.9% | $569,800 |
| Q2 2015 | +76.0% | $527,917 |
| Q2 2020 | +49.3% | $447,767 |
| Q2 2021 | +37.4% | $412,317 |
| Q2 2023 | +13.1% | $339,431 |
| Q2 2025 | +3.2% | $309,675 |
Frequently asked questions
- How much have home prices gone up in Iowa?
- FHFA HPI® data for Iowa shows the all-transactions index changed +3.2% over the year to Q2 2026, +37.4% over five years, +70.6% over ten years, and +212% since Q1 1995.
- Is Iowa appreciating faster than the national average?
- Over the past year Iowa's index moved +0.2 pts versus the U.S. (+3.0%), ranking 27th of 51 states and D.C. Over five years the gap is −3.9 pts.
- Which ZIP codes in Iowa are appreciating fastest?
- Over the past year the strongest of 25 3-digit ZIP regions in Iowa was ZIP3 523 (Marion, IA area) at +6.1%, and the weakest was ZIP3 505 (Fort Dodge, IA area) at -0.4%. 17 of 25 beat the national one-year change.