Homestead, IA
Full City Profile · Iowa · Johnson County County
4.2
/5.0
A
Great
149
Population
115/sq mi density
$82,969
Median Income
$26,126 per capita
$140,500
Home Value
$305,651 Zillow
48°F
Avg Temperature
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.7 / 5.0
$82,969 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$140,500 home value, /mo rent
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher
Housing Overview
Median Home Value
$140,500
50% below
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
50
Median year built: 1938
Home Value by Source
Census Median
$140,500
Zillow (ZHVI)
$305,651
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
100.0%
Owner-Occupied
0.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Affordability & Housing Stock
Rent Burden
33.9%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
100.0%
Complete Housing Data
Home Values
| Census Median Value | $140,500 |
| Zillow Home Value (ZHVI) | $305,651 |
Rent
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Homeownership Rate | 100.0% |
| Total Housing Units | 50 |
| Median Year Built | 1938 |
| Rent Burden | 33.9% |