Cost of homeownership in Iowa

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value

$149,558

Avg property tax

$2,073

Homeownership rate

75.6%

1yr appreciation

3.7%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

1.Dallas County$314,900
2.Johnson County$277,800
3.Dickinson County$236,100
4.Warren County$234,300
5.Polk County$232,000
6.Madison County$230,500
7.Story County$229,100
8.Mills County$225,500
9.Winneshiek County$225,400
10.Sioux County$220,700

Most affordable counties

1.Sac County11.9%
2.Osceola County12.2%
3.Pocahontas County12.5%
4.Cherokee County12.7%
5.Crawford County12.8%
6.Calhoun County12.8%
7.Franklin County12.9%
8.Ida County12.9%
9.Worth County13.4%
10.Carroll County13.5%

Avg electricity

13.7¢/kWh

DOE EIA residential average.

Avg annual energy cost

$1,482

Residential baseline.

Avg mortgage interest deduction

$25,060

IRS SOI · TY 2022, state-level avg.

All counties in Iowa

Polk County
Linn County
Scott County
Johnson County
Black Hawk County
Woodbury County
Dallas County
Dubuque County
Story County
Pottawattamie County
Warren County
Clinton County
Cerro Gordo County
Muscatine County
Marshall County
Des Moines County
Jasper County
Webster County
Sioux County
Wapello County
Marion County
Lee County
Boone County
Benton County
Plymouth County
Bremer County
Washington County
Mahaska County
Jones County
Carroll County
Buena Vista County
Buchanan County
Henry County
Winneshiek County
Fayette County
Jackson County
Poweshiek County
Cedar County
Dickinson County
Delaware County
Clayton County
Tama County
Hardin County
Madison County
Iowa County
Crawford County
Clay County
Jefferson County
Floyd County
Page County
Hamilton County
Kossuth County
Harrison County
Mills County
Butler County
O'Brien County
Allamakee County
Cass County
Wright County
Grundy County
Appanoose County
Union County
Lyon County
Chickasaw County
Shelby County
Cherokee County
Louisa County
Hancock County
Winnebago County
Guthrie County
Mitchell County
Montgomery County
Keokuk County
Franklin County
Calhoun County
Sac County
Clarke County
Humboldt County
Howard County
Emmet County
Davis County
Palo Alto County
Greene County
Monona County
Lucas County
Decatur County
Monroe County
Adair County
Worth County
Van Buren County
Pocahontas County
Ida County
Fremont County
Wayne County
Osceola County
Taylor County
Audubon County
Ringgold County
Adams County

Frequently asked questions

How much does it cost to own a home in Iowa?

Based on Census ACS, the state average home value in Iowa is $149,558, with median annual property tax around $2,073. Your actual cost depends on county and property.

What is the property tax in Iowa?

Property tax rates vary by county. Iowa's state average sits at roughly $2,073 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Iowa?

FHFA House Price Index data shows Iowa appreciating 3.7% over the last year and 39.1% over the last five years.

Is homeownership high in Iowa?

Iowa's homeownership rate is 75.6% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.