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Highest Home Value in Iowa

Top 86 cities ranked by highest home value

Highest Home Value — Iowa

1 Polk City $385,000
2 Clive $379,000
3 Johnston $346,200
4 Eldridge $329,400
5 Waukee $328,200
6 Adel $320,500
7 Urbandale $318,800
8 Tiffin $315,800
9 Asbury $312,400
10 Ankeny $311,300
11 North Liberty $300,000
12 Bettendorf $295,600
13 Bondurant $288,600
14 Sergeant Bluff $287,600
15 West Des Moines $286,300
16 Coralville $286,000
17 Pleasant Hill $284,100
18 Grimes $281,000
19 Sioux Center $275,900
20 Norwalk $275,700
21 Iowa City $273,600
22 Ames $263,800
23 Pella $259,600
24 Altoona $257,300
25 Cedar Falls $252,500
26 Windsor Heights $251,800
27 Orange City $245,300
28 Clear Lake $235,100
29 Decorah $234,600
30 Marion $230,800
31 Indianola $228,100
32 DeWitt $223,100
33 Spirit Lake $218,400
34 Waverly $215,200
35 Hiawatha $210,200
36 Le Mars $202,200
37 Glenwood $193,800
38 Dubuque $193,100
39 Grinnell $191,700
40 Carroll $184,100
41 Des Moines $183,700
42 Winterset $181,500
43 Spencer $178,300
44 Nevada $177,800
45 Cedar Rapids $177,100
46 Sheldon $173,600
47 Anamosa $164,900
48 Council Bluffs $164,300
49 Storm Lake $163,600
50 Davenport $162,900
51 Sioux City $162,600
52 Independence $156,900
53 Boone $156,400
54 Algona $156,200
55 Fairfield $152,900
56 Newton $151,600
57 Waterloo $150,200
58 Knoxville $147,600
59 Muscatine $146,900
60 Mount Pleasant $145,600
61 Osceola $145,300
62 Washington $144,500
63 Denison $137,600
64 Atlantic $134,900
65 Manchester $130,500
66 Mason City $130,000
67 Oskaloosa $128,900
68 Fort Dodge $128,900
69 Maquoketa $126,800
70 Perry $122,100
71 Cherokee $119,400
72 Charles City $118,900
73 Marshalltown $117,100
74 Burlington $115,800
75 Clinton $115,400
76 Webster City $115,400
77 Creston $112,600
78 Clarinda $112,200
79 Iowa Falls $106,300
80 Centerville $99,000
81 Oelwein $96,800
82 Estherville $96,300
83 Fort Madison $95,900
84 Keokuk $93,700
85 Ottumwa $92,400
86 Red Oak $91,600

The most expensive housing markets in Iowa reflect areas of high demand, limited supply, and strong local economies. Polk City leads with a median home value of $385,000. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Polk City costs $385,000 — 1.1x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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