Iowa
Local Housing Market · Zillow ZHVI · March 2026
$231,585
Typical Home Value
▲ 3.7% YoY ▲ 0.33% MoM
6.37%
30Y Mortgage Rate
PMMS · May 07, 2026
44bps
YoY Rate Change
▼ Lower than 1yr ago
199bps
30Y/10Y Spread
Norm ~170bps
🏘 Iowa Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$231,585
▲ 3.7% YoY
Month-over-Month
▲ 0.33% MoM
March 2026
Data Period
March 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.37%
PMMS · May 07, 2026
15Y Fixed
5.72%
PMMS · May 07, 2026
1yr Ago 30Y
6.81%
▼ Rates lower now
30Y/10Y Spread
199bps
Tight · 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 · April 2026
• Inventory is up 5.1% YoY and listing prices are softening 3.9% YoY with 14.3% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 56 days — a slower market. Pending ratio is 0.57 — strong buyer demand, expect competitive purchase timelines.
• New listings are declining 5.1% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$281,000
▼ 3.9% YoY
Median Days on Market
56d
0d YoY
Active Listings
9,828
▲ 5.1% YoY
New Listings
4,626
▼ 5.1% YoY
Price Reduced Share
14.3%
of active listings
Pending Ratio
0.57
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) · April 2026
Davenport-Moline-Rock Island
▼ COOLING
National rank #90
Median Price
$224,924
Median DOM
46d
Demand score 80/100
Cedar Rapids
▼ COOLING
National rank #116
Median Price
$287,500
Median DOM
42d
Demand score 53/100
Waterloo-Cedar Falls
▼ COOLING
National rank #181
Median Price
$278,675
Median DOM
63d
Demand score 64/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply