Iowa
Local Housing Market · Zillow ZHVI · September 2026
$236,623
Typical Home Value
▲ 3.3% YoY ▲ 0.14% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 Iowa Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$236,623
▲ 3.3% YoY
Month-over-Month
▲ 0.14% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Iowa
Market Indicators
REALTOR.COM🏦 LO Market Signal · September 2026
• Inventory is up 3.7% YoY and listing prices are rising 2.1% YoY with 19.9% of listings carrying a price cut. Rising prices support valuations, but verify comps carefully in fast-moving segments.
• Homes are selling in a median 59 days — a slower market. Pending ratio is 0.41 — moderate demand, purchase timelines are manageable.
• New listings are declining 2.7% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$284,900
▲ 2.1% YoY
Median Days on Market
59d
0d YoY
Active Listings
11,855
▲ 3.7% YoY
New Listings
4,066
▼ 2.7% YoY
Price Reduced Share
19.9%
of active listings
Pending Ratio
0.41
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Iowa
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · September 2026
Davenport-Moline-Rock Island
▼ COOLING
National rank #36
Median Price
$242,000
Median DOM
40d
Demand score 83/100
Cedar Rapids
▼ COOLING
National rank #94
Median Price
$325,000
Median DOM
46d
Demand score 56/100
Waterloo-Cedar Falls
▼ COOLING
National rank #114
Median Price
$269,900
Median DOM
53d
Demand score 65/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply